Skandia has raised its £848m global dynamic equity fund’s exposure to Japan from a neutral to an overweight position as it expects Japanese firms to benefit from the weakening yen. Portfolio manager Francois Zagame has moved to a 1 per cent overweight position in the fund. He has been adding to Japan since February. Zagame […]
Intelliflo has appointed Kieran McGee to the new role of provider and client consultant. McGee will be responsible for working with providers and on existing integrations with third parties. He returns to Intelliflo after two years with Focus, where he was product manager. Intelliflo head of account management Neil Andrews says: “We are very pleased […]
According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.
Cast your mind back to June 2014. King Juan Carlos I of Spain abdicates the throne after a 39-year reign. Uruguay’s Louis Suarez is expelled from the World Cup for biting Italy’s Giorgio Chiellini. The European Central Bank breaks new ground in monetary policy by cutting its deposit rate to a negative level for the […]
New figures reveal victims of pension fraud lost on average £91,000 each in 2017, as regulators launch a new campaign to crack down on scams. The FCA and The Pensions Regulator are working together on an advertising campaign targeting pension savers aged between 45 and 65. A survey commissioned by the regulators shows nearly one […]
The Pensions Advisory Service chair Ann Harris and non-executive director of the Money Advice Service Mike Dailly have been appointed as non-executive directors of the new Single Financial Guidance Body. The body is expected to launch on 1 October with Harris and Dailly’s appointments to start immediately. The single body brings together MAS, Pension Wise […]