Cofunds’ cash haven has outperformed all its other funds – in or out of a tax wrapper – in January and February, which it says is due to investor nervousness regarding market volatility.
Aifa director general Chris Cummings has hit out at Chancellor Alistair Darling for announcing measures to mitigate increases in small business corporation tax for some industries but not advisers.In last week’s Budget, the Chancellor set out a number of concessions to small businesses to help soften the increase in corporation tax on small firms from […]
AWD Chase de Vere is launching a tax and trust division aimed at its corporate and professional clients, to be headed by former heads of Alexander Forbes’ tax and trusts team Paul Grafton-Holt and Claudio Bacci.
Abbey has slashed its new build buy-to-let loan to value from 85 per cent to 65 per cent.It has also reduced its new build house LTV to 85 per cent and new build flats to 75 per cent.The changes come into effect from tomorrow.An Abbey Mortgages spokesman says: “Abbey has always taken a prudent approach […]
Platforms must do more to respond to the needs of advisers to secure their long-term future, according to a report by Defaqto.The report, Adviser Platforms in the UK 2008: Stand and Deliver, says many advisers are still in the process of testing out different platforms and are yet to commit to one in particular.Defaqto says […]
A recent survey of employers, carried out by Jelf Employee Benefits, suggests that many employers intend to utilise the new Fit for Work service in some form as an absence management tool.
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Technology provider Moneyhub will now use Intelliflo’s application programming interface for its advisers. Integration onto the API will allow for advisers to access real-time information of client’s managed pensions and investments. Advisers will also be able to link investments they manage and see clients’ spending and savings patterns. The Big Interview: Moneyhub chief executive on […]
The past few years have seen a rapid rise in the number of fund managers linking with risk profilers to launch new ranges. Determining risk is a central part of the advice process. But risk-profiling tools have been subject to criticism over the wildly different asset allocations they produce and their lack of consistency when […]
AJ Bell is expanding its passive range to target a higher expected return for investors with a new global growth fund. AJ Bell launched its first range of own-brand funds last year with five risk-targeted multi-asset passive funds. The platform and Sipp provider said it has launched the Passive Global Growth fund in response to […]