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DWS switches Euro opps manager

DWS Investments has changed manager on its European Opportunities fund.Paras Annand has taken over from Julian Barrell, who had run the portfolio, which holds 25 equally weighted stocks, since its launch in November. Since taking the reins, Annand has already changed 24 of those 25 holdings and moved the fund towards a mid and small cap bias. Barrell is to concentrate on running hedge funds for DWS.


&#39The Pensions Bill has become a dreadful piece of legislation&#39

Author of the pension simplification report Alan Pickering has launched a scathing attack on the Inland Revenue and the Pensions Bill. Watson Wyatt partner Pickering says the Revenue&#39s efforts on the bill only merit two out of 10. He also thinks that the bill fails to promote saving for pensions and would add to red […]

Accentuate the positive

I am not a pessimist, 30 years in this business and thousands of happy clients but I find it very hard to find any good news about the financial services industry. This is just a sample of what has been going on: •With-profits companies are not paying reversionary bonuses and are now withdrawing of terminal […]

Scottish Life International – International Personal Investment Management Service

Type: Offshore portfolio bond Aim: Growth by investing in unit trusts, investment trusts, Oeics, offshore funds and cash Minimum investment: £50,000, $80,000, euros 80,000 Place of registration: Isle of Man Allocation rate: 90.25%-100% Options: Flexible Pims, Select Pims, wealth insurance option to protect the portfolio&#39s value upon death Investment choice: Select Pims &#45 Scottish Life […]

Post-sale cash should go to the serving adviser

I refer to Roger Yates&#39 letter (Money Marketing, September 16) on the subject of renewal commission. As someone who joined the industry in 1970 – before Lautro – I was always taught that renewal commission was paid as an incentive to agents to service the client&#39s ongoing needs and, as a result, hopefully produce further […]


Lifetime Isa – how it works

According to George Osborne “people like Isas – because they’re simple”. Fiona Tait is not convinced… Contributions & bonuses What he said: “From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you save, the Government will […]


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