Irvine Grey ALIA (Dip) Medimoneycare Independent Financial Advisers Sir, As IFAs, we spend a disp...
Irvine Grey ALIA (Dip) Medimoneycare Independent Financial Advisers Sir, As IFAs, we spend a disproportionate amount of our time sorting out problems created by providers. Let me illustrate. Scottish Mutual has closed its with-profits fund to new business. Our clients who hold investments in the with-profits are receiving their annual statements showing that since March they have not been receiving any bonuses. I called the helpdesk for some answers. I started by asking when we could reasonably expect the situation to change and see new bonuses added. "No idea" was the response. I cou...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes