South African financial services group Sanlam has reported a 65 per cent drop in net operating profit for its UK business during the first half of the year.
Specialist IFA Symponia has hit out at the Government for backtracking on plans to charge a flat fee to help fund the cost of their long-term care.
Flows into equity funds reversed last week as fears grow over the sustainability of market rallies, according to EPFR Global.Investors pulled $4.95 billion (£3.03 billion) from equity funds in the week ending September 2, with $713m withdrawn from global emerging markets funds, and $185m taken out of Latin American funds.Meanwhile, emerging Europe funds saw their […]
Among the many things I have in common with IFAs is a love of the consumer group Which?
By Chris Taylor, Head of Japanese Equities at Neptune Abenomics is not working; Japan is almost back in recession; Abe’s 3rd arrow of structural reform has missed. These are increasingly popular assessments of Japan but are all a severe misdiagnosis, argues Chris Taylor, manager of the Neptune Japan Opportunities Fund Click here to read more […]
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The current project is focusing on people for whom it is already too late to make a big difference A car showroom salesperson would never show you the basic model first, even if it was completely suitable for your purposes. We all end up paying for functionality we will never use. Which takes me to […]
The police and The Pensions Regulator have launched an investigation into a number of pension schemes suspected of being linked to cold-calling. The regulator is concerned pension holders have been phoned and persuaded to transfer their funds into poorly-run schemes with the promise of higher returns and cash incentives upfront. As part of the same […]
Intrinsic founder and former chief executive Richard Freeman will retire from the business in June 2018. Freeman signaled in 2015 that he would leave the advice network at some point in early 2017. Intrinsic former managing director Andy Thompson replaced him as chief executive in December 2015, with Freeman remaining at the firm as an executive […]