Some IFA firms are to be hit with capital adequacy requirements of 30 times their current levels as part of the retail distribution review, according to Aifa.
Panellists upped the allocation of bonds in the Balanced Adviser Fund Index during the November rebalancing. Cazenove UK Corporate Bond, L&G All Stocks IL Gilt Index, M&G Strategic Corporate Bond and Standard Life Global Index Linked Bond joined the benchmark, as the fixed-income weighting grew by 4 per cent.
The RDR feedback statement has postponed any decision on how the proposals will affect the corporate pension market until 2009. Pension commentators have expressed concern that if RDR proposals on remuneration are not applied to the corporate market, then product providers could sidestep the proposals by writing individual pension business under group schemes.
The Association of Private Client Investment Managers and Stockbrokers has welcomed the Government’s emergency measures to boost the economy, but is critical of the lack of stamp duty relief.
US rate rise: A new era to buy and hold quality By Felix Wintle, Head of US Equities Watch Felix Wintle discuss the US’s first rate rising cycle in a decade and why he believes a focus on quality stocks will be key for outperformance in this environment. In the video Felix discusses: The impact […]
- Top trends
- Top trends
- Lifetime allowance 2018/19 increase confirmed but pensions absent
- Revealed: Fidelity International director investigated over harassment claims
- How much are advisers charging for pension transfers?
- Steve Bee: Why still no justice for Waspi women?
- Robert Reid: Don’t let social media comments diminish our profession
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
I always try to check my Twitter feed over breakfast. Recently, a tweet from IFA Philippa Gee caught my eye. She had taken her time to attend an investment conference and found she was the only woman there. Comments followed that this occurrence is far too common. According to Unbiased, just 13 per cent of […]
Consumer champion Martin Lewis has today issued High Court proceedings against Facebook over scam adverts published on the site that use his name, picture or reputation. Lewis, who is the face of website Money Saving Expert, is bringing a lawsuit against the social media juggernaut for defamation seeking exemplary damages. Lewis says any money paid […]
Michael Klimes examines if advisers can resolve all drawdown issues themselves or if a wider effort is needed