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 […]
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