Standard Life’s recently appointed chief executive Keith Skeoch has opted to take a cut to this bonus ahead of the company’s AGM next week, which will see his bonus potential cut by a fifth. In a statement, Standard Life confirmed Skeoch “voluntarily decided not to accept the maximum opportunity awarded to him in 2016” under the […]
The Government’s Lifetime Isa could be knocked off course just two months after being unveiled as the industry challenges key features of the flagship product. The Association of British Insurers and firms acting independently are lobbying the Treasury to drop aspects of the Lifetime Isa, due to launch in April 2017. Money Marketing understands potential providers […]
I do not question for a minute the predictions of the EY team Money Marketing recently reported on about the future of independent versus restricted advice. EY’s Malcolm Kerr knows more about this market and its economics than anyone. But I want to agree to disagree and focus on where IFAs will not only be […]
Royal London has posted a 56 per cent increase in new business to £2.1bn in the first quarter of 2016 as gross sales through platform Ascentric dropped 9 per cent. Overall funds under management rose 4 per cent from £84.5bn at 31 December 2015 to £87.9bn at 31 March 2016. Group pensions sales increased by […]
Matt Shafer, Head of International Distribution, discusses the firm’s philosophy around Durable Portfolio Construction, particularly the importance of putting risk first, thinking about better ways to use traditional asset classes and how to position alternatives in portfolios.
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]