M&G UK select fund manager Mike Felton has stepped down temporarily after being diagnosed with leukaemia. His deputy Garfield Kiff will manage the fund in his absence and Felton hopes to return by the start of 2009.
Much has been written about the introduction of the flat rate of capital gains tax announced in the October 2007 pre-Budget report.
This month’s Beijing Olympics are the culmination of the transformation of China from an authoritarian communist state reliant on collective farming into a key player in the global economy, a process that began with the initiation of economic reforms in 1979.
The ifs School of Finance has confirmed that their new diploma for financial advisers will cost £500.
The FSA has banned sole trader Darrell Mark Eaden from being a senior manager for failing to effectively monitor his pension transfer specialist, exposing customers to the risk of receiving unsuitable advice.
Despite the sharp drop in housebuilders following the Brexit result, valuations in the highly illiquid market are still at elevated levels. And whilst some investors may take comfort from superficially low price/earnings multiples, are earnings sustainable over the long term, asks Holly Cassell, Assistant Manager of the Neptune UK Mid Cap Fund. Click here to […]
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Phoenix is set to shed roles in a redundancy round following its decision to buy parts of Axa’s business last year. The closed-book provider snapped up Axa Wealth businesses Embassy, its off-platform investment and pension division and Sun Life, its direct protection business, in a deal signed last May, before also buying rival closed-book operation […]
Hargreaves Lansdown has removed Paul Chesson’s Invesco Perpetual Japan fund from the Wealth 150 list of recommended funds due to its volatile performance. Chesson, head of Japanese equities, has run the £318m fund since 2000 and takes a high conviction, contrarian approach to investing. Investment analyst Dominic Rowles says that while this has led to […]
Firms will not necessarily have to advise on every relevant investment product but it will be difficult to discount structured deposits