View more on these topics

Bank of England keeps rate on hold

The Bank of England&#39s monetary policy committee has voted to keep its base rate at 5.25 per cent.

The decision to maintain the base rate level was widely expected by economists, as cutting rates the day before the general election could open the MPC to charges of partiality.

Recommended

IFAs are key, says Duffield

New Star chief executive John Duffield pledged his allegiance to the IFAcommunity last week, saying IFAs would be at the heart of New Star&#39sretail efforts. Speaking at the official launch at the London Planetarium, Duffield saidhe was pleased to be back in the retail fund management market. He said: “The IFA industry is criticised from […]

Outside Edge – Robert Reid

When I heard the phrase Advice First, I was pleased that some of mycomments in the past such as “planning before product” had finally takenroot in the IFA mindset. But I was to be disappointed as this phrase wasthe new name for the IFAP/Aifa joint promotion company. Some time ago, I was asked whether I […]

SLI pins down its IPIMS

Scottish Life International has introduced the international protected investment management service (IPIMS).IPIMS is an offshore bond that will operate as a portfolio management service and offers four tiers of investment. These include IPIMS capital protected funds, IPIMS exclusive portfolio funds offering specialist funds, IPIMS select fund managers providing funds offered by external fund managers and […]

Scottish Life to be &#39more aggressive&#39

Scottish Life members voted overwhelmingly to demutualise and transferbusiness to Royal London at an extraordinary general meeting last week. Qualifying members will get £500 cash for loss of membership rightsand qualifying with-profits policyholders will receive additionalenhancement to existing reversionary and terminal bonuses. Around £960m will be distributed as enhanced benefits to qualifyingwith-profits policyholders. Windfalls have […]

State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment