Bangs and whimpers – the SUPERCLEAN starting gun is fired
Those who know me will be surprised by the following statement: I feel a bit sorry for Standard Life today. OK, as you were. This blog isn’t really about SL. It’s about SUPERCLEAN and it just so happens that SL is first to the party. The Edinburgh titan’s superclean announcement has generated a resounding ‘meh’ […]
In good hands
So it’s the 3rd birthday of the lang cat. Not doing the self-indulgent bit this time, but it’s been and continues to be a hell of a ride. Thanks to all who’ve helped us on the way, and thanks to those who’ve reminded us why we want to be on the ride too. Rather than […]
Trolling in the deep
So a funny thing happened to me today. Not funny ha ha, a funny peculiar sort of thing. You might find it funny ha ha, I don’t know. That’s the nature of perception, it’s individual. Anyway, Chris Gilchrist was writing a bit of an agent provocateur article about adviser charging in Money Marketing and used […]
The meek geek week shall inherit the earth. With advertising.
So that’s been quite a week in Platformland then. Most importantly, some bunch of Scots jokers published something and did a load of twitter awards nonsense. If you want to read about it go here and you should be able to sort of follow it. It was fun, and thanks to those of you who […]
TR13/5, with advertising
Last week, the FCA published TR13/5, positioning it as an early report card on how advisers are doing with their implementation of RDR. Accompanied by some challenging research from NMG on how consumers are responding so far to Adviser Charging and Scope of Service disclosure, TR13/5 particularly piqued ourÃÂ curiosity at lang cat HQ. Why? […]
3 into 1 does go – Raymond James mixes it up
Hello, hello, hot, isn’t it? Well, it is today; where today is the day I’m writing this, which is not necessarily the day you’re reading it. Such is the nature of producing stuff on the online internet superhighway; you can read it when you like, sort of thing. It might not be hot when and […]
So clean they’re dirty – zero AMC funds hove into view
So yesterday Architas, the multi-manager arm of AXA did something a bit unusual. It decided to offer investors on Elevate or Cofunds’ institutional platform access to a new share class on its funds. You can read the story on Fundweb here. Nothing that unusual about launching a new share class except that this one has […]
Please welcome #ninjacat
Hello, just a short post. I’m #delighted to say that the lang cat’s ranks have been swelled with the arrival of a new feline. The cat in question is Steven Nelson, who joins us from Scottish Life, where he did lots of things including customer and market insight, wrangling comparison tools and best advice systems […]
GAME OVER. No credits remaining. This platform paper bites.
OK, no funny stuff this time, straight to it. PS13/1 is the logical extension of the RDR, and the paper which, in the main, kills off the model that built something like 60-70% of the assets under administration in the UK platform market and nearly all the D2C market. All that bundled supermarket business is […]
Race to the midriff – Transact cuts its charges
Here we go, been a while since someone monkeyed around with their charges. The lang cat patented Recursive Pricing Engine (with integrated Turing Guessing Module) was getting a bit dusty, so this is just the thing. Now, Transact. The grandaddy of the wrap market has an interesting proposition. It unashamedly occupies a premium pricing position, […]
