Thursday, March 7, 2002 Type: Unit trust Aim: Growth by investing in quote continental European securitiesexcluding the UK Minimum investment: Lump sum £1,000, monthly £50 Investment split: France 23%, Germany 17%, UK 17%, Eire 12%,Sweden 9%, cash 7%, Spain 5%, Denmark 4%, others 3%,Switzerland 2%, Netherlands 1% Isa link: Yes Pep transfers: Yes Charges: Initial […]
Fidelity's FundsNetwork bec-ame the second fund supermarket to offer re-registration this week, enabling investors to transfer existing investments on to the platform without inc-urring any costs or taxes.The service, known as an in specie transfer, was first introduced by Cofunds in January. It is expected to be the catalyst for wider use by supermarkets as […]
By Rob Burnett, Neptune European Opportunities Fund
In recent months, investors have become more pessimistic about both the European and the US economic outlook and yet stockmarkets have pushed on to new highs. Some would argue that this is a worrying divergence. We would take the opposite view. This appears to be classic bull market behaviour. A wall of worry has been rebuilt, and stockmarket resilience should be taken as a sign of strength. The market is discounting an improving economic outlook ahead, particularly in the south of Europe.
Former home secretary Amber Rudd is set to return to the cabinet as work and pensions secretary, according to reports. The appointment follows the departure of Esther McVey yesterday over her refusal to back the government’s draft Brexit deal. According to reports, Rudd, a remainer, was offered the job after environment secretary Michael Gove spent […]
The FCA has written to all former clients of Avacade Limited, an unregulated pension introducer, to inform them about its legal action against the firm and its directors. In November 2017 the FCA said it would start civil proceedings against Avacade Limited, now in liquidation, and its three directors Craig Lummis, Lee Lummis and Raymond […]
As new disclosure rules bring the full extent of protection commissions into the spotlight, experts are asking if this will see clients ditch their advisers in favour of execution-only services. Under the Insurance Distribution Directive, from 1 October advisers have had to provide clients with information before a product sale about any commission received, which […]