The consumer price index stayed at 3.1 per cent in August. The Office of National Statistics says the increasing cost of food and clothing has led to the high rate.
HSBC has sold 80 per cent of its stake in its HSBC Private Equity Asia business to the management team.
Veteran UK equity income fund manager Bill Mott has warned of a ‘bond bubble’ that could rival the dotcom bubble of 2000, if fears of deflation in the economy prove unfounded. The manager of the PSigma income fund has compared the recent rush into bonds, as markets have feared the worst for the global economy, […]
Standard Life chief executive David Nish says he is looking to break the insurer’s dependence on financial advisers by exploring other distribution routes, including direct to consumer and through employers. According to the Mail on Sunday, Nish says despite the greater focus on a direct offering, he will look to support advisers as they adapt […]
Ask the right questions and even the most uncertain of clients can be put at ease in a first meeting
Most investors are better off than they were 12 months ago despite the summer’s volatility. Will next year bring the (delayed) global slowdown? Artemis’ senior partner weighs up the factors.
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Offsetting the cost of advice this way would benefit clients and advisers alike One of the multiple barriers to better take-up of financial advice is that some people are unwilling or unable to meet the upfront cost. In response to this, the government has allowed people to take small chunks (three lots of £500) out […]
Fund managers like to trade off having a unique style. There thousands of funds out there to choose from – the question I often hear from advisers is: what makes this person different? Sometimes this can be a really tough one to answer. “We invest for the long term” is all fine and good, but […]
With rising costs and an increasingly tough regulatory market more advisers are looking to outsource their investment proposition, with many leaning towards discretionary fund managers. But while the number of advisers using DFMs is on the up, overall satisfaction with them has dipped. According to a recent survey by financial information firm Defaqto, 74 per […]