Our experience of working with single brokers and large networks has shown compelling evidence that advisers must review their remuneration channels urgently. To remain viable, brokers must charge professional fees to all customers whether they recommend products with proc fees or not.
The Confederation of British Industry is calling for a 1% base rate cut over the next nine months to combat a further decline in economic output. The CBI has slashed its growth forecast for 2008 from 1.7% to 1.1% and for 2009 from 1.3% to 0.3%.
Kunal Desai, Head of Indian Equities at Neptune Investment Management India’s stockmarket rallied this week following news that the central bank was cutting interest rates more aggressively than expected. Commenting on the rate cuts and what this means for India’s economic growth, Kunal Desai notes that there were two important details in the announcement that have […]