Phil Billingham: Are IFAs still really distributors?

I had an especially stupid email recently. Yes – from a product provider – how did you guess? I’ll protect the guilty and not name them here. But the email was a ‘Vendor Assessment’, asking about our ‘Distribution Strategy’ and if we have ever broken our own rules.

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Fidelity may shed 1,000 jobs in cost cutting move

Platform and investment provider Fidelity International is believed to be considering up to 1,000 job cuts as the firm re-evaluates its cost base, according to reports.

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Aviva wealth division sees 9% drop in net flows

Aviva’s wealth division has reported a 9% drop in net flows (year-on-year) for the first three quarters of the year.

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