JP Morgan: Markets underestimate a Brexit

JP Morgan Asset Management says the UK market is not fully considering the impact of a potential Brexit as we move closer to the European independence referendum. Global market strategist David Stubbs says despite the overall belief that the UK will most likely stay within the European Union, the market is not pricing in the […]


Footballers in misselling claim over £100m film investments

Two financial advisers are in the spotlight after reports they earned more than £5m from recommending film scheme investments worth a total of £100m to some of the biggest names in British football. The Sunday Times reports that David McKee and Kevin McMenamin of Kingsbridge Asset Management invested almost £400m of their client’s money over […]

MPs divided over Nest-style drawdown default

MPs on the Work and Pensions committee are divided on the need for policymakers to intervene in the post-freedoms decumulation market. Last week, the committee said the Government should not create a default option for savers who do not engage with their pension at retirement. It added: “Legislation for default options should only be introduced […]


FCA urges lenders to develop flexible products for older borrowers

The FCA has urged lenders to develop products to better suit the changing needs of older borrowers. Lending into retirement has become one of the biggest issues in the mortgage market since the MMR. Before the rules were launch in April 2014, many lenders cut their maximum age limits, therefore making it more difficult for […]

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.


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