Equity release advice unnecessary, most over-55s say

81 per cent of over-55s would feel confident in taking out an equity release plan without seeking advice, research from Moneyfacts suggests. 44 per cent thought they have no need for advice, 29 per cent would not trust an adviser, and 8 per cent of respondents believe financial advice to be too expensive. In late […]

Protection Watch: Is product innovation on the way?

Protection Review chief executive Kevin Carr looks at recent market events New rules, new products The government has announced that income from an insurance policy, such as income protection or mortgage payment protection, which is specifically to cover mortgage payments, will not be counted when assessing entitlement to means-tested benefits. This is a huge breakthrough […]

Five minutes with…Clive Waller

Ahead of his apprearance at the Money Marketing Interactive conference in Harrogate on September 13, CWC Research senior partner and The Investment Network chair Clive Waller weighs in on why advice is not a true profession yet and how to get the public on side. On a scale of 1 to 10, how optimistic are […]

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Advice firm looks to national expansion after AR acquisition

Financial planning and discretionary fund management firm Gale and Phillipson has recruited London-based Gyr Financial Consulting as an appointed representative as it looks to bolster its presence around the country. Gale and Phillipson chief executive David Carr says Gyr will be allowed to remain fully independent in its investment decisions. The firm is looking to […]

Aberdeen launches AI fund as manager backs machines to time markets

Aberdeen Standard Investments has launched a new global equity fund that will use artificial intelligence to select investments. The Aberdeen Global Artificial Intelligence Global Equity is a SICAV-structured fund launched in Luxembourg, and will use so-called “machine learning” and quantitative techniques to time market moves and attempt to identify areas of excess risk-adjusted returns. The […]

Brexit exports take centre stage in new gov’t strategy

Plans to make Britain a “21st century exporting superpower” will be set out today in a new export strategy. International trade secretary Liam Fox will set out today the ambitions through better use of Britain’s overseas network, online tools and building extensive business-to-business networks. Last year £620bn of goods and services exported by British companies, […]