Intelligent Pensions has raised concerns over insurers setting up direct annuity businesses, arguing retirees may struggle to select the best retirement option without advice.
The UK property market is set to suffer as the abolition of 3 per cent annual tax will see offshore funds redirected to France, says French tourism property developer and manager Pierre & Vacances.
Ninety six per cent of the Kaupthing Singer & Friedlander Isle of Man depositors action group want a complete removal of PricewaterhouseCoopers as liquidator.
Medicals Direct Group has bought the medical support business of Capita Insurance Services which has a client base of 50.
Despite predictions that a vote to leave the European Union would result in an economic apocalypse, UK equities have shown the market equivalent of a stiff upper lip: bouncing back, keeping calm, and carrying on. Although the road towards Brexit remains clouded in uncertainty, UK equities offer a range of opportunities to investors seeking returns […]
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
Do not be spooked by recent falls. The bull market has further to run. Stockmarkets have been thriving in the not-too-hot, not-too-cold “Goldilocks” backdrop of the last few years. Growth has been strong enough to boost profits, and inflation low enough to keep central bank policy loose. Recent stockmarket weakness is centred on signs that […]
The FCA continues to engage with the asset management industry on new European regulations as questions remain over how firms should report costs and charges. After over a month since Mifid II and Priips came into force, concerns have been raised on how fund fees, in particular transaction costs, should be calculated under the two […]