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Billy Burrows: Delivering drawdown to the mass market

Ever since the pension freedoms were announced I have been asking the following question: what does drawdown for the mass-market look like? The answer to this question lies in tackling two important issues: who is drawdown most suitable for and which products are most suitable? Traditionally, drawdown has been regarded as an option only suitable […]

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Zurich Life to name new UK CEO as Shaughnessy takes global role

Zurich Life UK chief executive Gary Shaughnessy is to take on a new role as the insurer’s global life chief executive. Shaughnessy replaces Kristof Terryn who was appointed chief executive of general insurance in October. He will take the position from 4 January. The appointment means the insurer is seeking a new leader for its […]

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FCA to investigate HSBC over credit card charges

The FCA is to investigate HSBC over claims of “improper practices” relating to credit card customers being overcharged. The action follows a ruling from the Complaints Commissioner, which investigates complaints against the regulator, which says the FCA’s original work had “serious failings”, the Guardian reports. Commissioner Antony Townsend was responding to a complaint made by […]

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ECB cuts rates and extends QE until March 2017

The European Central Bank will extend the monthly €60bn asset purchase programme until the end of March 2017. ECB president Mario Draghi today confirmed quantitative easing will continue “at least or until inflation reaches the ECB’s target of below or close to 2 per cent”. The ECB has also expanded the range of assets being purchased, to include […]

UK equity income outlook for 2018

Senior RLAM Fund Manager, Martin Cholwill discusses potential sources of volatility and opportunity in the UK equity income sector in 2018. Watch the video here Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and may go down as well as up and […]

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