Britannia Asset Management has announced record sales of retail funds for the first half of 1999, with IFA sales climbing 89 per cent to £87.6m from £46.3m. New sales of investment funds have increased 66 per cent to £151.8m from £91.8m.
Premier Fund Managers is launching a Euro Protector Fund as a sub-fund of its Dublin based Oeic.The Euro Protector aims to achieve long term capital growth with the re-assurance of a protected downside.The fund like its Oeic sub-fund counterparts, the UK Equity and Global Equity Protector funds offers a quarterly minimum return of 97 per […]
Aberdeen Unit Trusts says the Pep industry with £80bn worth of assets is very much alive and has warned investors not to neglect their investments.Aberdeen wants investors to consider transfers.UK marketing director Richard Wilson says: “Just as investors will manage their Isa portfolio, they must also keep an eye on their Pep portfolios and ensure […]
United Assurance is linking up with Unum to offer its customers individual income protection.The partnership will see United's direct sales force selling Unum's Essential Ability Cover to its clients.Unum will handle the products underwriting, customer service and claims management.Unum managing director Lawrence Churchill says: "This product has proved to be a huge success for Unum […]
Pensions guru Tony Reardon is transferring from Allied Dunbar to Zurich IFA, the IFA marketing arm of Zurich Financial Services.Reardon says: "My new role involves marketing to a wide range of IFAs, from small one-man bands to large employee-benefits consultants, both in the UK and overseas."The IFA market is a change of focus. I've been […]
AlphaSimplex Group believes that the most robust investment products are those that adapt to changing market conditions. Alex Healey, portfolio manager of the ASG Managed Futures Fund, talks about how holding “long” and “short” positions in alternative investments, to match market trends, can create opportunities in both up and down markets.
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There are numerous trip hazards with carry forward but more clients will want to be looking at it Many believe the annual allowance will be fair game for the chancellor soon, as one of the least painful and least complex reductions in cost to the Treasury. As such, the need to contribute while clients can and […]
The world is a challenging place for a traditional one-man (or -woman) band Increased regulation and rising costs are leading to a growing number of mid-sized adviser firms. Sole trader and two-handed businesses are becoming rarer as changing rules and client demands present a greater challenge for smaller firms. Between compliance, technology and the implementation […]
Thirty-six months is a short time in pensions. Before April 2015, few could have predicted that compulsory annuitisation would come to an end and the door to full withdrawals would be swung open. As the pension freedoms reach their third birthday, it is worth weighing up the evidence to date. Let’s start with the good […]