Cavendish Asset Management
North American Fund
Type: Oeic
Aim: Growth by investing in US equities, with a bias towards medium and big companies
Minimum investment: Lump sum £2,500
Investment split: 100% in US equities and other assets
Isa link: Yes
Charges: Initial 5%, annual 1.5%
Commission: Initial 3%, renewal 0.5%
Tel: 020 8810 8041
An adviser fighting for compensation for Barclays clients who lost money in the Aviva global balanced income fund has written to the FSA urging it to review the issue under its wider implications regime.
When Home of Choice chief executive officer Gerry O’Brien invited me to become a non-executive director last year, I not only needed to do due diligence but also to under-stand the issues they faced and be satisfied that my executive experience (with Thinc, Bradford & Bingley and Merrill Lynch) would be of value to HoC.
Group Sipps may have lost their sheen to companies’ top earners since the Budget, but that is not enough to stop their continued growth. In an era when boardroom pay is under scrutiny like never before, it must surely be harder for decision-makers to let their own vested interests override those of the company they run.
Rockingham Retirement is set to launch a whole of market annuity service in a bid to help people with small pension pots get a better deal.
It has taken a little longer than expected, but finally the jaws of regulation are closing on those employers who have failed to meet their auto-enrolment (AE) legal duties.
News and expert analysis straight to your inbox
Sign up
The regulator says advisers need to know how tools work, but many lack confidence and knowledge
The proposed FCA directory that will include advisers’ details could see more people finding “bad advisers”, according to adviser review site VouchedFor. A LinkedIn article by VouchedFor chief executive Adam Price says this is because the regulator’s consultation paper pitching the directory suggested little around underlying adviser checks being substantively improved. In the article, Price says: […]
A pension company that invested in storage products with investors’ savings has been ordered into liquidation by the High Court. Kent-based Chartwell Trustee Pension Solutions was the sole trustee of the Pinnacle Pension Scheme. Chartwell amassed in excess of £4.8m of members’ pension funds following an apparent cold-calling telesales operation. Members were told to expect 8 […]