Smaller companies specialist Acuity Capital is marketing its CF Acuity real active management fund to IFAs now the fund has built up a track record since it was soft launched last September.
Brazil, long thought to be the one country that might escape recession, slumped into one last week.Latin Americas largest economy was hit as demand for its exports dropped and domestic consumption slowed, according to the Instituto Brasileiro de Geografia e Estat체ica. Its economy contracted by 0.8% in the first quarter this year, compared with a […]
Bull market resumption or bear market rally? There are advocates on both sides of the divide. Interestingly, I’ve counted more in the “Worse to come” camp than the “Get stuck in now before it’s too late” brigade. But is there a third way? I believe so.
Grant Thornton has warned the FSA is taking a tougher line on pension transfer business, with firms having to prove their advice was “positively suitable”, rather than just not unsuitable.
By Kacper Brzezniak Every year, starting around November, investment banks (and fund managers) begin to drip out their outlooks for currencies, rates, economies, you name it, for the following year. The consensus has been largely wrong for the past four or five years; those multiple rate hikes never came, the bond market is still alive […]
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- Top trends
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- Martin Lewis wins claim against PPI chaser that used his image
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- How much are advisers charging for pension transfers?
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Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]
National advice firm Foster Denovo has acquired employee benefits consultancy TEBC. The deal brings over 100 corporate client relationships, and Foster Denovo will look to build TEBC’s staff into its own employee benefits division, Secondsight. Foster Denovo says the deal is the first in an acquisition strategy it will be pursuing. Chief executive Roger Brosch […]