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Cautious welcome from Misys members

“It&#39s early days but I would hope some of the funds raised from flotation would be pumped back into the business and help ease the large burden of fees on members. Perhaps they could use the extra money to introduce a cap on fees.”

DBS member Best Advice senior financial consultant Anthony Moss


Aberdeen suspends two more splits

Aberdeen Asset Managers was forced to suspend trading in two more of its split cap investment trusts yesterday.Its Leveraged Income and the Aberdeen High Income Trust suspended their shares as they entered discussions with the banks and other creditors.Just last week, Aberdeen suspended its Media & Income trust on the same day chief executive Martin […]

RSAE reflects property trend

Royal & SunAlliance Eurolife has established the RSAE Glanmore property fund, a mirror fund of Thesis Asset Management International’s Glanmore property fund.The RSAE fund provides access to UK commercial property through the underlying Thesis fund. Office space comprises 59 per cent of the portfolio, while smaller amounts are invested in the retail and warehouse sectors.The […]

To freeze or not to freeze?

I left my employer in March this year. I was a member of the final-salary scheme. I have now joined a new employer who does not allow new employees to join its final-salary scheme.What do you suggest I should do with my frozen pension from the first scheme? First of all, you will not have […]

&#39Significant step in addressing savings gap&#39 – Standard Life

Standard Life group chief executive Iain Lumsden says the report “represents a significant step forward in addressing the savings gap”.Coupled with the proposals in the forthcoming Pickering report and the Inland Revenue review, Standard says it recognises the opportunity that Sandler&#39s recommendations represent for greater simplification of the savings market.Plans for improved consumer education are […]

Embrace simplicity!

By Fiona Holmes, proposition communications manager When I first took out critical illness cover, I was overwhelmed. It wasn’t just the form filling, it was finding out about the sheer number of illnesses I was covered for. Did it give me peace of mind that I was covered for neuromyelitis optica or systematic lupus erythematosus? […]


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