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Charles Stanley latest to cut Woodford from best buy list

Charles Stanley Direct has become the latest company to shun Neil Woodford’s flagship Equity Income fund from its list of preferred holdings. Charles Stanley’s Foundation Fundlist is a 54-strong set of the firm’s “highest conviction investment ideas” across active, passive and investment trusts covering major sectors. The LF Woodford Equity Income Fund had been on the […]

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Jason Broomer: How do you solve a problem like Trump?

The president’s posturing, bullying and sharp business practice is leading the US economy to the rocks It is galling to watch President Trump’s vain posturing as he parades around the world. His tax cuts have been a good thing for the stockmarket, although they are now wholly reflected in prices. The improbable device of soaking […]

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Adviser satisfaction with DFMs falls

Adviser satisfaction ratings with discretionary fund managers have dropped in the latest index from Defaqto. The consultancy asked advisers to rate discretionary fund managers across 14 categories in relation to their importance. The survey showed that investment flexibility was most important for advisers, in terms of range of assets and range of options. Quality of […]

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Market split over merits of LGBT advice

Lesbian, gay, bisexual and transgender activists are split over the need for specialist financial planning services after the boss of a firm targeting clients from the community said she was “staggered” by homophobic comments she overheard at a recent event for financial planners. LGBT Money founder Arlene Addison says she was appalled when she heard […]

Need guaranteed, increasing retirement income? This may be the answer

It’s well known that people tend to become more financially conservative the closer they are to retirement, and grow increasingly cautious with their pension savings. At that point the focus is often more about protecting accrued savings rather than building funds for retirement. This has become even more topical after pension freedoms were introduced in […]

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