Pensions minister Steve Webb may face an uphill battle to retain his seat in the Liberal Democrat stronghold of Thornbury & Yate after a Comres poll predicted support for the party in the South West is set to collapse. Webb was elected in 2010 with a majority of 14.8 per cent, and polls conducted by […]
The Skandia platform and all UK operations have rebranded to Old Mutual Wealth with effect from today Skandia, which launched in the UK in 1979, was acquired by Old Mutual in 2006. Old Mutual Wealth includes the 3000-strong adviser network Intrinsic, which was acquired in February, the platform business, and its asset management arm Old […]
The new pension freedoms are finally here and, as both national and trade press have reported, there is huge interest in the drawdown flexibility and more favourable treatment of funds remaining on death. Much of this interest will come from members of defined benefit schemes who previously enjoyed neither the flexibility of income nor, in […]
Ukip has promised it will work to guarantee free advice to pensioners, as well as sharply increasing the budget for at-retirement guidance services. Alongside plans to overhaul state pensions announced yesterday, Ukip described current offerings from The Pensions Advisory Service and Citizens Advice as “completely inadequate”. It states that a Ukip government would make funds […]
The head of Artemis’ US team explains why he is holding cyclical stocks (like semi-conductors) while also investing in growth (videogame producers, Amazon).
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