US insurer MetLife is set to follow American rival Hart-ford Life into the UK market with onshore and offshore investment bonds and a Sipp product. MetLife is preparing a move into the UK by the second quarter. The firm is lining up a series of external fund links for its bond offerings and is in […]
Falcon Group holding company Sumus has announced a 28 per cent increase in turnover for the first quarter of its financial year from 2.6m to 3.3m. The firm now has 133 advisers and says it is reviewing acquisition opportunities.
Standard Life has written to the Revenue seeking confirm-ation that the Government will not perform another Sipp U-turn and block tax breaks for private companies investing in their own businesses. Head of pensions policy John Lawson says directors of limited companies with SSASs can switch their assets into a Sipp to take advantage of Sipps’ […]
Strong demand for personal pensions last year offset fall- ing protection and annuities sales and helped increase Legal & General’s fourth-quarter new business flows. The firm saw a 29 per cent rise in UK new business to 292m from 227m in the same period in 2004. New regular-premium pension business increased by 33 per cent […]
By Douglas Turnbull, Head of Chinese Equities After rallying around 150 per cent since the middle of 2014, mainland China’s ‘A Share’ market has corrected almost 35 per cent since mid-June.* Douglas Turnbull, manager of the Neptune China and Neptune Greater China Income funds, looks at the reasons behind this recent volatility… Click here to […]
With a firm understanding of clients’ needs and expectations, more advisers are looking to offer the perfect financial plan to cater for their circumstances, but where is the starting point for selection? A discretionary management service is one of the tools that advisers have at their disposal to craft the perfect plan for their client. […]
The Chartered Institute for Securities and Investment has appointed four new members to its financial planning forum committee. St James’s Place senior manager for partnership development James Mallinson will work with the CISI on organising its forum events and also more broadly on financial planning strategy. Mallinson says: “I am passionate about holistic financial planning and hope […]
M&G Investments will halt trading on 21 funds as it ploughs ahead with plans to shift £34bn of assets out of the UK amid Brexit concerns. The suspensions, which will begin midday Thursday and finish on Monday, are the first of four tranches of planned downtime by M&G so as not to suspend all of […]