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.
Savers are rushing to top-up their pensions amid fears chancellor Philip Hammond will deliver a further cut to the annual allowance in this month’s Budget, Zurich says. Cash flowing into pensions on Zurich’s investment platform soared 98 per cent in September compared to the annual average, the firm has found. The value of one-off pension […]
Every pound spent on financial education initiates can create more than £5 in social value, a new study finds. Research firm ERS examined the impact of “survival” money management workshops delivered to more than a thousand 16-25-year olds who were either not in work, full-time education or training, or had care responsibilities. They found that […]
Despite pressure to come down on the market like a ton of bricks, the FCA has taken a measured approach to improving standards Another week, another barrage of headlines about an FCA intervention on defined benefit pension transfers. The regulator’s latest missive focuses squarely on the standards and processes advisers employ when carrying out pension […]