Three key MEPs working on financial services issues in the European Parliament have regained their seats in the European elections. Conservative MEP Theresa Villiers took 27 per cent of the vote for the London region. Labour MEP Peter Skinner took 14 per cent and Liberal Democrat MEP and Chris Huhne gained 15 per cent both in the South East region.
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Nvesta out of step with the rest
NVESTA SAFETY NET INCOME PLAN Type: Capital-protected bond Aim: Income linked to the performance of the FTSE 100 index Minimum-maximum investment: £5,000-no maximum, £7,000 Isa Term:Five years Return: 6.25% gross income a year Guarantee: Original capital returned in full provided index does not fall by more than 50% and returns to at least its starting […]
Zurich bond offers double scoop
Zurich Financial Services is offering investors the chance to invest in a capital-protected bond that is linked to the FTSE 100 and Halifax House Price indices for five years and six months. The select guaranteed account is available to those with between £2,500 and £250,000. Investors decide whether they want their investment linked to the […]
Aifa says menu has become complex
Aifa has criticised the FSA's proposed menu saying it has become overly complex and is in danger of losing its key message in its response to CP04/3: Reforming Polarisation: a menu for being open with consumers. Aifa says an overly complex menu will not be read by consumers, also criticising it for having a disproportionate […]
Look to the private sector
The idea of compulsory insurance aired by the Doctors for Reform group as a solution for the ailing NHS was castigated but a partnership between the private and public sectors would be a positive step. The NHS should consider compulsory insurance. Some of the comments made by Doctors for Reform will, to many, seem extreme […]
Leading Edge – April 2017
There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]
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Adviser trade body calls on govt to save pension dashboard
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
Spending, pensions and retirement: MAS in numbers
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
Is a fund better off with a sole manager or a team?
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]
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