The Government has capitalised on a rally in Lloyds Banking Group shares following last week’s election result and reduced its stake in the bank to below 20 per cent. The Financial Times reports the Treasury will say as early as this week that it has cut its stake in Lloyds from 21 per cent to […]
Running a financial services firm is a bit like engineering, according to engineer turned Attivo Group chief executive Stephen Harper. It is all about systems that can break down completely if they have not been properly maintained, or if the smallest component stops working. “The reason why the system on an engine breaks is usually […]
Despite the pension reforms the UK market remains well suited to annuitisation, influential think-tank the Pensions Policy Institute says. In a report, sponsored by the Investment Association and The People’s Pension, the PPI compares the UK system with Australia, Ireland, New Zealand and the US. It says that despite the new freedoms – which allow […]
I like to think one of the skills that makes me a decent adviser is the ability to convert complex, illogical and sometimes-opaque notions into bite-sized snippets of information clients might understand. Thirty years in the job has led me to accept, although we live and breathe our subject, that is simply not the case […]
As Europe’s QE goes further than expected, the manager of the Artemis Strategic Bond Fund has upgraded his outlook from “quite” to “very” positive.
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