The eight-strong investment team at Collins Stewart Tullett resigned last week and are rumoured to be starting their own investment trust business. The team did well for Collins Stewart between 1998 and 2000 but were hit by the firm’s involvement in the split capital crisis.
The average size of buy-to-let portfolios rose from 4.9 to 5.7 properties in the second quarter of 2005, says the Association of Residential Letting Agents. Its quarterly survey, based on responses from 489 regulated agents and 322 investment landlords, finds that average annual rates of return have risen by 0.1 per cent to 11.28 per […]
The Scottish Widows guaranteed investment bond is a FTSE 100-linked guaranteed equity bond with a term of five years and six months.
Jupiter European special situations manager Leon Howard-Spink has left the company to join Schroders. He will take over Schroders’ European alpha plus fund in November and replaces Adrian de Mol van Otterloo who is leaving to start his own business. Schroders’ former Japanese manager Denis Clough is to return from sabbatical to run the European […]
Pension providers with closed books are being warned that they must improve their electronic communication with advisers or risk falling foul of the FSA’s treating customers fairly regime. Financial Technology Research Centre director Ian McKenna says he is not currently aware of any providers with closed books that have put in place electronic solutions for […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]