View more on these topics

Fund firms urged to adopt active lifestyle

Fund managers need to offer investors better lifestyle products that reduce risk over time, says Bates Investment Services.

Research from the IFA company shows that passive lifestyle products can lead to investors losing out since the investment can move out of equities without regard to what the wider economy has done.

The analysis from Bates concludes that actively managed lifestyling, rather than a sca-ling down of equities in fixed periods, is needed to make the most of market conditions.

The firm is calling for fund management groups to commit to actively managed lifestyled investments – products where the asset allocation moves away from equities to fixed-interest funds in their final years.

Bates senior investment adviser Paul Ilott believes that fund managers should lead the way and give investors the choice of having a range of lifestyled products, not just some Sandler savings or child trust funds.

According to Bates, more products like the Fidelity wealthbuilder target funds are needed.

He says: “What it will mean on behalf of the fund managers is better communication between the equity and the fixed interest desks.

“The benefit of lifestyling is that it gives investors an exit strategy towards the end of their investment. It needs to be done properly, with regard to the wider economy. What fund managers need to do is look at the essence of what Sandler was suggesting and what he has proposed for stakeholder pensions. Investors should at least be given the choice to have access to this type of product.”


Buckles ties up with Premier

IFA firm Buckles Investment Services is targeting other IFAs and their clients with its Snowdonia fund of funds range. The snowdonia Oeic consists of three funds &#45 snowdonia income, snowdonia balanced and snowdonia growth. The management of the funds will be outsourced to different investment managers. The snowdonia income fund will be managed by Premier […]

Life companies are split on extending IFA levy subsidy

Product providers are split over increasing their IFA subsidy for the Financial Services Compensation Scheme levy. A first vote on extending the levy subsidy is understood to have been inconclusive as not all members responded. This vote saw four major players support an increase, four vote against and four abstain. A second letter has been […]

CBI calling for a moratorium on financial services regulation

The CBI is calling for a moratorium on financial services regulation. Companies are being battered by a tidal wave of regulation, which threatens to undermine the sector&#39s contribution to the economy according to its latest report. The CBI reveals widespread industry concern over how European regulation is implemented. The FSA responded that its approach is […]

Multi-Manager View

The wisdom of taking bets on asset allocation is a frequent topic of conversation with financial advisers. We take the conservative view that the neutralisation of asset allocation risks is the most appropriate approach for our products and market. If a multi-manager is taking big bets on behalf of clients, there are three possible outcomes. […]

Finding value in UK equities

By Mark Martin, Investment Director & Head of UK Equities Register for a live update on 9 July at 14.30 with Mark Martin, who will be discussing Chancellor George Osborne’s ‘emergency’ summer budget, the UK equity landscape post May’s General Election and his outlook for the second half of 2015. Mark will also highlight the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment