Fundsnetwork is amalgam-ating its sales and market-ing teams. Head of sales Simon Burgess and north regional sales manager Jacki Platt are leaving. Head of marketing Rob Fisher will run the team and further job cuts are expected.
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Outstanding British Companies Fund
The Government has allayed fears of another pension U-turn by pledging to press ahead with protected rights changes proposed by the DWP.The move could eventually enable an estimated 10 to 12 million people, with between £75bn and £100bn in protected rights savings, to invest the money in Sipps.The DWP announced proposals in a consultation paper […]
I am now turning my attention away from pensions towards corporate planning issues, starting with a subject known to many advisers as director share purchase although this is not entirely accurate.
Life company Partnership Assurance has warned that advisers are missing a huge business opportunity.It estimates that over £2.3bn a year is spent by individuals on long term care, with only a tiny proportion being funded through financial products.It says that as people are living longer and one in three will need care, and with the […]
Paul Casson, the manager of the Artemis Pan-European Absolute Return Fund, expects to benefit from a (patchy) recovery in Europe and more profit warnings in 2016.
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Scotland has introduced a new set of income tax bands, but pensions experts warn that the changes could cause issues with pension tax relief calculations. In the Scottish Budget today, the Government announced a new starter rate of 19p and then a 21p rate for those earning over £24,000. The higher rate of tax is […]
The scramble to do as many defined benefit transfers as possible while values remain high is unabated, and I am constantly amazed at how some firms have thrown caution to the wind in the hunt for their share of this – admittedly lucrative – opportunity. The problem is that advisers are putting their profits before […]
The FCA working group tasked with setting a template for fund charge disclosure is considering whether one or multiple templates would be more suitable. The institutional disclosure working group, chaired by transparency champion Chris Sier, has been tasked with creating a new template for fund costs and charges following the package of remedies outlined in […]