Gordon Brown and George Bush are to set up a UK-US working group which will develop proposals to monitor and regulate banks with cross-border interests according to the Financial Times.The move comes after Chancellor Alistair Darling and his US equivalent Hank Paulson agreed plans to form a body of senior Treasury and regulatory figures from […]
Fidelity International has appointed of Ilario Di Bon as head of global equities.Di Bon will head the global equities investment team, which covers sector, US and global emerging markets desks. He will also have responsibility for broadening the firm’s institutional global equity product range.Di Bon joins from UBS Asset Management where he was lead portfolio […]
Open letter to CII/PFS With the advent of the FSA’s RDR and in light of the responses from different sectors of the industry, I have come to the conclusion that while I agree with areas of what you say, I am diametrically opposed to some of the PFS and CII policies and consultation responses, in […]
A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.
AFH chief executive Alan Hudson on leading the industry’s most prolific advice firm consolidator After announcing four acquisitions in just two weeks earlier this month, AFH chief executive Alan Hudson knows the market has questions about the sustainability of the group’s success. AFH is becoming a mainstay of adviser-press headlines as it continues buying up […]
Auto-enrolment has transformed saving and new regulations will help the pensions industry keep up. In 2012, pensions saving ebbed to a new low. Just 42 per cent of eligible private sector workers were participating in a workplace pension. Just six years on, that figure has soared to 81 per cent. The impact of auto-enrolment has […]
Michael Klimes examines the sceptical attitude advisers take towards crypto-currencies Unregulated investments can take diverse forms in the UK, from burial plots near Birmingham to storage pods in Blackburn. In more exotic locations such as the Caribbean, property is popular, while so-called “ethical crops” have lured investors to Africa. While these have been on advisers’ […]