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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Scotland has introduced a new set of income tax bands, but pensions experts warn that the changes could cause issues with pension tax relief calculations. In the Scottish Budget today, the Government announced a new starter rate of 19p and then a 21p rate for those earning over £24,000. The higher rate of tax is […]
The scramble to do as many defined benefit transfers as possible while values remain high is unabated, and I am constantly amazed at how some firms have thrown caution to the wind in the hunt for their share of this – admittedly lucrative – opportunity. The problem is that advisers are putting their profits before […]
The FCA working group tasked with setting a template for fund charge disclosure is considering whether one or multiple templates would be more suitable. The institutional disclosure working group, chaired by transparency champion Chris Sier, has been tasked with creating a new template for fund costs and charges following the package of remedies outlined in […]