Fidelity International has reversed plans to charge for research under Mifid II after feedback from clients. The £239bn asset manager revealed it planned to implement a Research Payment Account approach as part of its overhaul of fees, announced in October, when it revealed it was adopting a ‘variable management fee’ model. The RPA approach involves paying for […]
Axa Investment Managers has reported nearly €50bn (£44bn) in outflows from its joint venture businesses, but has bucked the withdrawals with strong performance in its specialist products. In a note, the asset manager, part of the French Axa Group, says the decline in inflows was to be partly driven by a number of products reaching […]
The Office for Tax Simplification has been tasked with reviewing the current rules. The Chancellor has requested the Office for Tax Simplification carry out a review of inheritance tax. The main focus of the IHT General Simplification Review will be on ensuring the administration and making payments of the tax is fit for purpose and […]
Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
After a nine-year bear market, value strategies have enjoyed a remarkable recovery over the past year. What is driving this resurgence and what constitutes a value strategy?
Watch Rob Burnett, manager of the Neptune European Opportunities Fund, discuss these key factors and why he believes that value’s outperformance is a multi-year event.
- Top trends
- Top trends
- Paul Lewis: The NI sting depriving 1950s women of their state pensions
- Aegon wins complaint over forcing transfer client to get advice
- What’s up the chancellor’s sleeve as the Budget nears?
- FCA evidence throws Sipp provider court case into doubt
- Savers lose nearly half of pension through transferring out
News and expert analysis straight to your inboxSign up