Consumer confidence in May increased from nine points to 99, the highest point since November 2005, according to the Nationwide Consumer Confidence Index.Nationwide says that consumers were upbeat about the economy in May and felt comfortable that things would continue to be good over the coming months. But the Spending Index fell five points, the […]
Standard Life has recruited First State fund manager to Casper Trenchard to replace Mark Niznik on its UK opportunities fund. Trenchard is in negotiations to bring the 19m First State British opportunities fund he runs with him, which would see First State leave the UK equity sector.
T Bailey has become the latest investment firm to throw its backing behind Bill Mott’s new PSigma equity income fund.The multi-manager firm has made the fund its fourth-biggest holding within its £12m equity income vehicle with a 10.4 per cent weighting.T Bailey fund manager Jason Britton says the selection was down to Mott’s track record […]
On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.
Next year is set to be one of challenge and change for the advice profession, but also one of opportunity, as the UK plots an uncharted journey outside the economic boundaries of the EU and planning businesses continue to adapt to evolving regulation. The past 12 months have seen advisers work to meet new European […]
The FCA has today proposed changes that would help unlock patient capital – investment seeking long-term returns, such as venture capital or infrastructure – through unit-linked funds to retail investors. The regulator has also published a discussion paper on the effect of the existing UK framework on investments in patient capital. As part of this year’s budget, chancellor […]
Three advisers talk to Money Marketing about taking time out to help the community Christmas is traditionally a time for giving, so as our thoughts turn to the festive period, how are advice firms giving back to the community or the profession? The great outdoors As a seasoned mountain walker and scout leader, much of […]