Tuesday, 28th November 2000.
National Mutual’s new Mega 500 fund has been brought in on the back of the new Worldtop 500 index. The index will track the performance of the 500 largest companies in the world. National Mutual is aiming the product at managers of pension funds and administrators of small self administered schemes who are looking for […]
Over two-thirds of 100 IFAs polled at the eXcom conference in October said the most important objective of using technology was to deliver improved levels of service to their clients. The Exchange's role over the past 10 years has been to develop products and services that enable them to do so and this remains our […]
The value ofUK pension funds has fallen for the third consecutive quarter of 2000, according to Edinburgh based performance measurements consultants The WM Company. Overall returns were down 0.4 per cent compared with 0.6 per cent for the first two quarters. The WM Company executive director Peter Warrington says “Returns overall have been disappointing for […]
The new Merrill Lynch defined income and growth fund is an investment trust aimed at investors who are looking for either income or growth. Investors can choose income shares that offer a yearly income of 9.25 per cent, paid quarterly, or zero dividend shares that give a capital rollup option of 30.4 per cent after […]
Jacob de Tusch-Lec explains why he favours bond proxies in Europe (and China). To watch the video click here
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Schroders is to change the pricing structure on several of its Schroder Unit Trust funds, moving away from dual pricing. The firm will make the change from 17 September, when pricing will be based on a single mid-market price. UK Intermediary co-head James Rainbow says: “Switching to single pricing will provide greater simplicity for investors. […]
A firm has had its complaint rejected after being billed by the FCA for a late regulatory return. The firm, which is kepy anonymous in its complaint, went to the Complaints Commissioner after being invoiced £250 by the FCA for a late submission of part of its return, despite claiming that it had made all […]
The FCA has said it is continuing to make contingency plans for all Brexit scenarios, including “no-deal”, as negotiations continue. The government’s latest white paper on Brexit proposed an “equivalance of rules on an outcomes basis” regime for financial services allowing the UK and EU access to each others markets. In a speech by FCA […]