Peter Drummond has joined Friends Provident International as international strategic business development and global account manager. He has over 15 years experience in the insurance industry, most recently at Muscat Life Assurance in Oman.
AlphaSimplex Group believes that the most robust investment products are those that adapt to changing market conditions. Alex Healey, portfolio manager of the ASG Managed Futures Fund, talks about how holding “long” and “short” positions in alternative investments, to match market trends, can create opportunities in both up and down markets.
HSBC has remained quite over potential plans to roll out its robo-advice service in the UK as latest results show the global bank has seen profits rise. The bank axed its tied advice service ahead of the RDR, but has since returned with the roll-out of a simplified advice service. It then announced the launch […]
HM Revenue & Customs could face new claims from savers due to a ruling that says it was wrong to remove an individual’s lifetime allowance protection. The recently published case concerns Mr Hymanson who claims he had accidentally failed to cancel a direct debit to his pension scheme which, HMRC argued, should void his £1.8m […]
Around 1,400 clients of collapsed discretionary fund manager Beaufort Securities are still waiting for their claims to be processed, Money Marketing understands. The Financial Services Compensation Scheme confirmed it is still working on redress calculations for the cases. Beaufort Securities became the target of both FBI investigations in the USA and FCA sanctions in the UK […]