Go where the risk is
So I just had a good chat with the entirely excellent Jun at Citywire about the FSA’s concerns on single platform usage, conflicts of interest, nasty letters and all that kind of thing. Also today, I read about FundsNetwork reanimating their £50/£100 bung for IFAs putting ISA cases onto their platform. And I’ve been hearing […]
A low speed train crash
So it’s been ages since I last posted, most remiss of me, sorry for causing an aching void in your lives, that sort of thing. It’s been a busy old time at the lang cat; we’ve been involved in all sorts of fun stuff from TCF reviews of platform literature right through to proposition development […]
Don’t take us for idiots
In an earlier post, I had a bit of a go in an open letter at direct-to-customer platform giant Hargreaves Lansdown over their charging structure. Lots of people seemed to agree, and I’m pleased to say that…it’s made not the slightest bit of difference. That’s the power of social media. Or something. At the moment, […]
Don’t take us for idiots
In an earlier post, I had a bit of a go in an open letter at direct-to-customer platform giant Hargreaves Lansdown over their charging structure. Lots of people seemed to agree, and I’m pleased to say that…it’s made not the slightest bit of difference. That’s the power of social media. Or something. At the moment, […]
Will platform margins really halve in 3 years?
Hmmm! The redoubtable Southampton-based platform behemoth Skandia has started 2012 in characteristically robust fashion by jack-in-the-boxing on Citywire and predicting that platform margins will halve by 2015. According to Skandia, the market is at 30-50bps now, and will be at 20-25bps by 2015. Only 10 platforms will survive. Cue the Destiny’s Child song of your […]
Will platform margins really halve in 3 years?
Hmmm! The redoubtable Southampton-based platform behemoth Skandia has started 2012 in characteristically robust fashion by jack-in-the-boxing on Citywire and predicting that platform margins will halve by 2015. According to Skandia, the market is at 30-50bps now, and will be at 20-25bps by 2015. Only 10 platforms will survive. Cue the Destiny’s Child song of your […]
Peace out from the lang cat
So that was the year that was. As I write this I’m on a train back to Edinburgh having missed the lang kitten v1.0’s carol concert. It’s been that kind of year. Work/life balance? Not so much. Never mind. Being a talking head is no fun if you can’t do a review of the year […]
Peace out from the lang cat
So that was the year that was. As I write this I’m on a train back to Edinburgh having missed the lang kitten v1.0’s carol concert. It’s been that kind of year. Work/life balance? Not so much. Never mind. Being a talking head is no fun if you can’t do a review of the year […]
An open letter to Hargreaves Lansdown
Dear HL Unlike many others in my sector, I’m a big fan of yours. I’m such a big fan that I’m a client – there, I’ve said it. And yes, I hold L&G and HSBC passive funds in my portfolio (such as it is). I’m not daft enough to think that I’m getting something for […]
Bosh, bish, the end of commish
Busy week this week. Now the FSA have only gone and published their latest Consultation Paper (CP) on the treatment of legacy assets as far as commission and adviser charging are concerned. The paper’s title is CP11/26 and it turns out to be rather important. First off, if you’re looking for it you can find […]
