The Retirement Strategy data pages are designed to offer a wide ranging view of the current annuity rates being offered from providers including impaired, flexible and asset-backed annuity options. The pages also put current rates into historical context, offer the latest annuity best-buy tables and give a general overview of the type of products each provider currently offers.
E.surv Chartered Surveyors has launched a register which collects valuation data on over 90 per cent of all new build developments in the UK in a bid to help lenders manage exposure when lending against these types of properties. The database identifies new build developments across the country and the proportion of loans held by […]
The Aggressive index offers Adviser Fund Index panellists the greatest opportunity to express their sentiment towards global markets. Overall changes to the portfolio in the May rebalancing were relatively modest, considering concern over the global recovery. For some, the general gloom was a sign to stick by their convictions. “I was pretty happy with where […]
Three out of 10 funds in IMA sectors hold less than £30m in assets, the level that most managers regard as the minimum for the average economical fund. A total of 733 out of the overall 2,450 funds fall below the £30m level but the firm says the overall figure is probably bigger as many […]
By Mark Martin & Holly Cassell, Neptune Mark Martin and Holly Cassell highlight three high-conviction holdings in the Neptune UK Mid Cap Fund that they believe are well positioned to benefit from Brexit. Read more Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide […]
Invesco has sealed a deal to acquire OppenheimerFunds as the firrm looks to break into the top 10 global investment managers. The deal will see OppenheimerFunds parent Massachusetts Mutual Life Insurance Company sell the asset manager to Invesco, with MassMutual taking a 15.5 per cent stake in Invesco in return. Invesco will manage $1.2trn (£920bn) […]
Advice firm consolidator Newell Palmer has acquired midlands IFA Sense Wealth Management in a deal adding another £35m to its funds under management. The purchase is the 51st acquisition made by Newell Palmer since it began trading in 1993. The £35m is split between around 100 active clients from Sense, who will all transfer over […]
Three directors have been named to the board of the newly-launched Single Financial Guidance Body. The Department for Work and Pensions has appointed former National Employment Savings Trust chief executive Tim Jones and Royal Bank of Scotland director for products Moray McDonald as non-executive directors. University of Bristol emeritus professor Elaine Kempson will also join the board. […]