National IFA Mattioli Woods has pulled out of the defined benefit transfer market following a review. In a trading update, the wealth manager says that following a review it has decided to withdraw from the DB transfer market due to rising costs and increasing regulation. The update says: “Following consideration of the increasing costs of professional […]
Axa-owned fund manager Architas has made its “super clean” share classes available to all platforms, not just Standard Life Wrap and Elevate, which were the only two platforms to previously offer them. Standard Life bought the Elevate platform from Axa in 2016. Architas says the move will result in a reduction in the annual management […]
The night after I attended the excellent Money Marketing Awards evening I went to a Foo Fighters gig, where before and after, I was engaged in seven different conversations with friends about financial issues. A few friends had tried to pay for financial advice but were put off by London-based financial adviser charging costs. After […]
The Self-Invested Personal Pension market has grown 55 per cent since 2016 and is now worth £2.4bn, according to a report published today. A study by analytics firm GlobalData cites figures from the Association of British Insurers to explore how the market has grown. It finds customers are using Sipps to consolidate their pensions, with […]
As Europe’s QE goes further than expected, the manager of the Artemis Strategic Bond Fund has upgraded his outlook from “quite” to “very” positive.
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