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Cripps becomes Heartwood

Cripps Portfolio has rebranded as Heartwood Wealth Management.

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The black hole of final-salary schemes

It seems to me that most people in the financial services industry and the Government fail to see how illogical final-salary pension schemes are in a capitalist society, as the liability is open-ended and, as such, cannot be justified in a prudent economy. Nic Cicutti in his column says that final-salary scheme employees contribute a […]

Fund-rating deal for Financial Express

Financial Express has set up its own fund rating service, Crown Ratings. It uses a blend of quantitative and qualitative analytical screens, including measuring a portfolio’s volatility, consistency and returns against its benchmark.

FundsNetwork widening choice of property funds

FundsNetwork has expanded its range of Isa-eligible property funds following changes in the rules to allow non-Ucits retail schemes to qualify. Investors now have access to the Norwich property, Schroders global property securities, New Star property and Standard Life select property funds. The Aberdeen property share, Fidelity global property, Skandia global property securities and Skandia […]

AITC says pension deficits could affect growth prospects

73 per cent of investment trust fund managers say company growth prospects will be affected if companies are forced to pay off their pension deficits over the next ten years. They also have concerns about a lack of consumer spending and rising interest rates according to the AITC’s recent survey of 31 managers from 42 […]

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