Consumers should buy annuities now, according to Defaqto. It says if there are reductions in bank base rate as predicted, then annuity rates are likely to come down.
Simon Hudson-Lund is succeeding Charlie Eppinger as chief executive at International Financial Data Services. Currently chief operating officer, Hudson-Lund joined IFDS in 2003 as managing director.
Liontrust Asset Management has seen its funds under management fall from £5.5bn to £4.49bn. Overall profits leapt to £6.1m from £1.3m.
US-based investment firm Brown Advisory is opening a London office with a view to focusing more on the European market. Brown Advisory, focusing on US equities and based in Baltimore will focus on building its client base in the UK and Europe. Director and investment professional Logie Fitzwilliams will head up the office.In 2006, Brown […]
Multi-asset funds are the best way for retail investors to hold exchange-traded funds in their portfolio, says City Financial.
Jamie Clark gives the lowdown on what happens when an employer fails to pay auto-enrolment fines. An employer has been served County Court Judgement (CCJ) for failing to pay auto-enrolment fines, according to the latest data from The Pensions Regulator (TPR). The CCJ TPR cite a case where a removal company continually ignored them despite […]
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]