New Star’s UK special situations fund manager is a relative newcomer to the industry but his contrarian approach to stock selection has pushed the fund forward and prompted comparisons with Fidelity special sits superstar Anthony Bolton. Interview by Philip Scott.
Scottish Equitable director of pension development Stewart Ritchie looks set to become president of the Faculty of Actuaries this year. With current president Harvie Brown coming to the end of his two-year term this year, the election is expected to take place at an ordinary general meeting at the end of June. Ritchie is vice-president […]
The implementation of home information packs is delicately poised and it is far from certain that they will be introduced as planned, according to the CML. Speaking at the BSA conference, deputy director general Peter Williams raised the spectre of the Government’s recent Sipp U-turn to warn delegates that Hip plans are still subject to […]
Joshua Ausden, Head of Client Investment Strategy, Neptune Read more here Important Information – for Investment Professionals Only. Not for Retail Clients.Investment risksNeptune funds may have a high volatility rating and past performance and forecasts are not a guide to future performance. These are Neptune’s views and as such this document is deemed to be […]
Alliance Trust Savings has been sold to fellow flat-fee platform Interactive Investor for £40m. II will also take control of parent company Alliance Trust’s office building in Dundee that houses ATS as part of the deal. ATS confirmed it was in discussions with potential new owners in July, but market watchers had tipped a deal […]
Retirees are likely to miss out on sustainable income and death benefits if they do not annuitise at least part of their pot, new research finds. In a paper from actuaries Milliman, which draws on data from provider Just, Milliman modelled a pure drawdown strategy combining equities and bonds, and a combined annuity with an […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]