Aegon Asset Management is targeting pension funds with a new value property fund offering an initial projected yield of 7 per cent.
Insight Investment is to close its UK small cap and evergreen funds after a number of principal investors chose to redeem their holdings.
Transact is reducing the annual and transaction charges on its wrap.
Ros Altmann declares that politics is bereft of pension ideas and innovation and the only way to resolve the crisis is to completely overhaul the system and bring in a flat-rate residents’ pension. Interview by Gregor Watt
Metro Bank has been awarded its banking licence by the FSA as it prepares to open two branches in the centre of London.
Over the past year, both conventional and inflation-linked gilts have generated returns in excess of 25 per cent. Meanwhile, inflation has only risen by between 1 per cent and 1.5 per cent. Click here: ILG webinar note 1016
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]