Regulatory costs have been blamed for the closure of a Norfolk IFA just days after advisers saw their FSCS levies almost double to £100m. In a statement on its website, Norwich-based advice firm Taylor & Taylor says regulatory changes have made continuing as a business unviable. It says: “We very much appreciate the support provided […]
Police have arrested a 60 year old currency trader over suspicions of a global Ponzi scheme.
Model portfolios are not suitable for those staying invested.
Scottish Widows has appointed a managing director of bulk annuities and investment strategy as part of a management shake-up. In October Lloyds Banking Group announced Scottish Widows would enter the bulk annuity market. It has now appointed Jeff Sayers, previously insurance divisional risk officer at Lloyds, to lead the proposition. Sayers joined Lloyds in 2013 […]
Jonathan Platt, Head of Fixed Income at Royal London Asset Management, looks at the three trends that his team see shaping bond markets this week. Read the article here: The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back […]
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