“Aggressive pricing games” in the platform market could threaten the sustainability of smaller players as platform charging structures come under the spotlight. Last week, Money Marketing kick-started the debate with Alliance Trust Savings and Nucleus arguing the merits of flat fees and percentage pricing. As the only advised platform in the UK that uses flat-fee […]
The FCA will change its logo over the Summer, Money Marketing sister title Mortgage Strategy has discovered. The regulator has registered two versions of a new logo, both in its current colours, according to Intellectual Property Office filings. One contains all capital letters, while the other only capitalises the first letter of each word. An FCA […]
The FCA has said that placing responsibility on to individuals through its Senior Managers Regime will not mean that firms have a “free pass” against fines. Speaking at New York University, the FCA’s director of enforcement and market oversight Mark Steward said that while fines were not the only way to keep firms in check, […]
In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.
Almost 200 footballers are under investigation for alleged tax abuses linked to image rights payments, the Mail on Sunday reports. HM Revenue and Customs are reportedly looking into 198 players, 44 at Premier League level, and 29 agents. The investigation into the football world has netted £329m extra tax for the Treasury after many clubs […]
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 […]