Aberdeen, M&G, Martin Currie and SVM Asset Management have joined Nexus Funds, the platform of Bank of New York subsidiary Pershing.
Friends Provident has introduced self-investment and income-withdrawal options on its new generation group personal pension.The Sipp option, which can hold protected rights, will give access to a range of stocks, shares and collective investments through execution-only stockbroking, fund supermarkets and discretionary fund management services provided by investment partners.Employers will be able to choose whether to […]
Will Henley reports on the implications of a predicted big rise in house repossessions and mortgage arrears.
One week after the arrival of the mighty Mifid, I ask you how much of your business has changed? Mifid is one of the most important European regulatory changes in as long as I can remember. For any of you who remain blissfully unaware of the arrival of this huge European directive, let me update you.
GMAC-RFC has re-priced its Partners product range and is replacing current mainstream and self-cert discount rates with new BBR trackers.The lender says that in the current market environment, borrowers should consider alternatives to fixed rate products and the benefits of variable rate products.GMAC is now offering products with up to 75 per cent loan-to-value BBR […]
A major feature of our articles is looking into the Jelf Employee Benefits crystal ball to predict changes and trends that may influence the short and medium term shape of UK employee benefits. By flagging such changes early we aim to provide our followers with the tools to make sensible and informed decisions on their benefits offerings.
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Latest from Money Marketing
Three fund selectors give their views on choosing passive funds, blending, and investor suitability
The youngest ever fellow of the Personal Finance Society has moved to a new advice firm. Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body. Chief executive Keith Richards described the achievement as “truly remarkable”. […]
Providers are calling on the Work and Pensions Select Committee to tackle the advice gap and tax on pension withdrawals in its review of pension freedoms. The committee said last month it was opening an inquiry into whether the pension freedoms are achieving their objectives and if policy changes are needed. In its submission to […]