Canada Life is running a series of group insurance seminars between June 6 and July 6, covering its interent-based e-business portal Class
Montpelier has increased its shareholding in Millfield from 10 per cent to 14.76 per cent, making it the second-biggest shareholder behind Amvescap with 21.5 per cent.
Almost two-thirds of the UK population do not understand the rationale behind demutualisation and the negative effect this can have on investment performance, according to research by the Association of Mutual Insurers. Seventy per cent of the 1,013 adults surveyed are unable to give a satisfactory explanation of the differences between a mutual organisation and […]
Dawnay Day Quantum is set to offer a Japan-focused structured investment product on May 30, which guarantees 100 per cent return on investment after six years regardless of the Japanese stockmarket’s performance. The firm says its protected Japan multiplier provides geared upside exposure to Japan’s Topix investment index, with full capital protection and no currency […]
I Refer to Nick White’s comments in Money Marketing last week, First, regarding borrowing, the whole point of the article was to raise the awareness level of advisers, not to serve as a technical master class. It was not my article anyway, being written by a Money Marketing journalist. Within the 200-word constraint imposed on […]
The companies held in the Artemis European Opportunities Fund are resilient and still growing. Mark Page finds little to worry stockpickers who focus on the fundamentals.
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Cofunds’ advised clients will move to the new Aegon platform over the first May Bank Holiday, with the new platform expected to be up and running by 8 May, Aegon has confirmed. Aegon completed the first stage of moving Cofunds customers onto its new combined platform in December, transferring 79,000 non-advised investor portfolio service customers […]
Columbia Threadneedle Investments is calling for auto-enrolment into drawdown funds for people nearing retirement. According to research by the asset manager, people planning their retirement are confused about how they will convert their pensions savings into income, how much they might need in retirement and how long their savings might last. The firm said that […]
Unintended consequences of the pension reforms could further affect access to advice, ultimately derailing consumer freedom and choice. There is already evidence professional indemnity insurers are beginning to withdraw cover or harden terms for advisers associated with defined benefit transfers. But this is not a failure of PII. It is a more fundamental system failure, […]