There has been much debate recently surrounding Shepherds Funds.IFAs may have missed one important point – that is, to notify your PI insurers that you have clients in these funds as soon as possible. This is especially true if you are coming up to renewal. In extreme cases, failure to do so could prompt some insurers to refuse cover. There is no real downside to notification and it could benefit the IFA and their clients. I would encourage all IFAs with any potential exposure to the funds to do so as soon as possible. Phil BillinghamManaging director,PBA, Dedham
The tax changes that will come into force on April 6, 2006 were designed to achieve a number of outcomes, one of which was to apply retrospective taxes to what the Government regards as the excessive pension savings accumulated by many so-called fat cats.
Skipton Building Society has established the double asset bond 2, a product which combines a FTSE-100 linked guaranteed equity bond with a one-year fixed-rate savings account.
The Financial Ombudsman Service is warning companies not to rely on investor experience in misselling complaints. It says firms often cite the fact that the complainant has previously invested in similar products to claim they are experienced investors and should have been aware of the risks. But FOS chief ombudsman Walter Merricks says companies are […]
This weeks James Coney, personal finance journalist on the Daily Mail
After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.
In the video, Martin addresses the following:
• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]