Schroders has soft-closed its agriculture fund after strong investor demand. The fund, which uses futures, launched in October 2006 and is £1.66bn in size.
IFA Arc Fund Management has bought Independent Investment Associates for 2.1m.
Inflation for pensioners will reach 7 per cent in 2008, more than double the estimated national inflation rate, according to Newcastle Building Society Equity Release Service.Its research predicts fuel and food will be the biggest contributors with fuel rising by 15 per cent and food by 12 per cent. The Government’s pensioner’s price index shows […]
Former Culture Secretary James Purnell has become the fifth Work and Pensions Secretary in three years following the resignation of Peter Hain.Hain quit the Cabinet last week after his late declaration of £103,000 in donations became the subject of a police investigation.Purnell was minister for pension reform before becoming Culture Secretary in Prime Minister Gordon […]
Hightree Financial Services employee Keith Galgut was a happy man last week after walking away with a Toyota Prius hybrid car courtesy of Schroders, which ran a competition last September to mark the launch of its climate change fund.
Holly Cassell, Assistant Manager of the top-performing Neptune UK Mid Cap Fund, discusses the potential near-term impact of Article 50 and the Brexit negotiations that she believes investors should pay most attention to. Read article here Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a […]
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Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]
Building on auto-enrolment’s success and fine tuning the pensions dashboard are high on the list As I write my first Money Marketing column of the year, it has given me an opportunity to look back on what the Government has done to transform pensions and savings for people since 2010. Five years on from the […]