Société Générale (SG) has launched a listed product that pays a guaranteed fixed income of 1.7% a quarter for 18 months. The FTSE Income Protection 3,000 is listed on the London Stock Exchange and is designed for investors looking for higher returns than a normal savings account. SG says the payments are unaffected by movements […]
Keydata founder Stewart Ford personally loaned millions of pounds to a firm run by David Elias, the man at the heart of the investigation into Keydata funds which may have been misappropriated, months before the firm became insolvent.
I hold my hands up, I am a wicked salesman. I confess to selling a £181,000 Norwich Union mortgage protection insurance policy and a Holloway income protection insurance plan to a couple in the next village a couple of years ago. The husband has just had a terminal-illness payment for stomach cancer, which has cleared his mortgage and the Holloway policy will carry on paying until his eventual demise but hey, aren’t us salesmen awful?
Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]