The European market will continue to be volatile this year but there will be room for real improvement, according to Govett Investments. The firm says the EU economy will remain reliant on US developments and the recent package of tax breaks in the US will trickle down to have an impact on European markets. Govett European strategy fund manager Peter Kysel says the stockpicking environment will continue to be challenging but he expects to move from defensive to more economic-sensitive sectors in the coming months.
Henderson smaller companies trust chairman Peter Cadbury is to retire on March 21, 2003 after heading the trust since 1989. At the board meeting on that date he will be succeeded by Dudley Fishburn, who has been on the board since 1996. He is chairman of HFC Bank and on the board of Philip Morris, […]
Online insurance portal Medi-Quote is teaming up with Swiss Life to offer a group protection comparative quotation system for IFAs.The portal will enable intermediaries to generate quotations for group life, group income protection and group critical illness.MediQuote says the portal will offer the products of at least three providers and it is in talks with […]
The Pensions Green Paper – week twoMoney Marketing and Taxbriefs are teaming up to invite readers to put their views on the Government's new Pensions Green Paper and the Inland Revenue's tax paper by answering the questions listed here on the right.Taxbriefs will then put your views to the Secretary of State for Work and […]
IFA clients are six times more likely to invest in an Isa over the next three months than investors who shun advice, according to research from Fidelity.In a survey of almost 2,000 investors conducted by Mori in November and December, 55 per cent of those with an IFA said they intended to buy an Isa […]
Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]