{"id":649,"date":"2015-12-21T13:10:24","date_gmt":"2015-12-21T12:10:24","guid":{"rendered":"http:\/\/www.recruitment-connection.co.uk\/?p=649"},"modified":"2015-12-21T13:10:24","modified_gmt":"2015-12-21T12:10:24","slug":"the-week-in-numbers-21st-december","status":"publish","type":"post","link":"https:\/\/www.recruitment-connection.co.uk\/index.php\/2015\/12\/the-week-in-numbers-21st-december\/","title":{"rendered":"The Week in Numbers \u2013 21st December"},"content":{"rendered":"<h3>The Week in Numbers<\/h3>\n<p><strong><span style=\"color: #008000;\">\u00a36m<\/span><\/strong> \u2013 Size of FCA fine imposed on Threadneedle Asset Management for allowing a fund manager to book a trade that could have caused a \u00a372m lose to client funds<\/p>\n<p><span style=\"color: #008000;\"><strong>5<\/strong> <\/span>\u2013 Number of firms the FCA is considering taking enforcement action against following the findings of a thematic review into wealth managers<a href=\"http:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/05\/blue-news.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"212\" class=\"size-medium wp-image-459 alignright\" src=\"http:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/05\/blue-news-300x212.jpg\" alt=\"blue news\" srcset=\"https:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/05\/blue-news-300x212.jpg 300w, https:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/05\/blue-news-1024x725.jpg 1024w, https:\/\/www.recruitment-connection.co.uk\/wp-content\/uploads\/2015\/05\/blue-news.jpg 1647w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><span style=\"color: #008000;\"><strong>0.44%<\/strong><\/span> &#8211; Charge for the eVestor robo-advice service to be launched next year by Paradigm founding partner Anthony Morrow and Moneysupermarket.com co-founder Duncan Cameron<\/p>\n<p><span style=\"color: #008000;\"><strong>\u00a387k<\/strong><\/span> \u2013 Size of fine FCXA is seeking to impose on ex-Financial Ltd boss Charlie Palmer for failing to ensure network members gave suitable advice. Palmer has appealed the decision.<\/p>\n<p><span style=\"color: #008000;\"><strong>20bps<\/strong><\/span> \u2013 Typical cut to AMCs after Standard Life Investments stopped paying trail on mutual funds. Trail was paid at either 25 or 50 basis points.<\/p>\n<p><span style=\"color: #008000;\"><strong>3 Months<\/strong><\/span> \u2013 Period ex-Openwork chief executive Mary-Anne McIntyre spend as Chief distribution officer at Old Mutual Wealth<\/p>\n<p><span style=\"color: #008000;\"><strong>\u00a350m<\/strong> <\/span>\u2013 Government estimate on the level of increased costs faced by employers and pension schemes due to the lifetime allowance cut from \u00a31.25m to \u00a31m in April.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201c<span style=\"color: #008000;\">We could have taken Commission upfront and filled our boots<\/span>\u201d \u2013 Almary Green managing director Carl Lamb hits out at firms considering stopping trail commission on a non-platform basis.<\/p>\n<h6><\/h6>\n<h6>Originally Published in Money Marketing Magazine 17th December 2015<\/h6>\n","protected":false},"excerpt":{"rendered":"<p>The Week in Numbers \u00a36m \u2013 Size of FCA fine imposed on Threadneedle Asset Management for allowing a fund manager to book a trade that could have caused a \u00a372m lose to client funds 5 \u2013 Number of firms the FCA is considering taking enforcement action against following the findings of a thematic review into wealth managers 0.44% &#8211; Charge for the eVestor robo-advice service to be launched next year by Paradigm founding partner Anthony Morrow and Moneysupermarket.com co-founder Duncan Cameron \u00a387k \u2013 Size of fine FCXA is seeking to impose on ex-Financial Ltd boss Charlie Palmer for failing to&#8230; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"twitterCardType":"summary","cardImageID":0,"cardImage":"","cardTitle":"","cardDesc":"","cardImageAlt":"","cardPlayer":"","cardPlayerWidth":0,"cardPlayerHeight":0,"cardPlayerStream":"","cardPlayerCodec":"","footnotes":""},"categories":[58,54],"tags":[76,92,163,164,165,166,160,161,18,162],"class_list":["post-649","post","type-post","status-publish","format-standard","hentry","category-financial-services-news","category-recruitment","tag-fca","tag-financial-services-news","tag-ifas","tag-old-mutual-wealth","tag-robo-advice-service","tag-standard-life-investments","tag-threadneedle-asset-management","tag-trail-commission","tag-wealthadvice","tag-wealth-managers"],"_links":{"self":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=649"}],"version-history":[{"count":1,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/649\/revisions"}],"predecessor-version":[{"id":650,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/649\/revisions\/650"}],"wp:attachment":[{"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.recruitment-connection.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}