The Financial Services Compensation Scheme has so far received claims of an estimated £140,000 from clients of Kilminster Financial Management Limited, the network which went into liquidation last July.
Advisers are calling on lenders to be up front about their dual-pricing strategies.
The first glimmer of hope has appeared for investors in George Luckraft’s Axa Framlington Monthly Income and Equity Income funds as performance begins to turn.After two years of dire returns, the funds are moving up the rankings in the Investment Management Association (IMA)’s Equity Income sector. Equity Income was down 6.9% over the three months […]
Arc Capital & income
Accelerated Income Plan
It is one of the (very) few things Donald Trump and Hillary Clinton agree on: the cost of healthcare in the US must be brought under control. Simon Edelsten, manager of the Artemis Global Select Fund, explains what this means for investors. Click here to read the full article
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Lawyers for Sipp firm Carey Pensions have claimed the company did not break conduct of business rules when it set up a Sipp for a client, in a High Court dispute being heard this week. In the case, lorry driver Russell Adams alleges Carey Pensions missold him a Sipp in February 2012, when he was paid […]
When starting a new IFA practice five years ago, I assumed self-employed advisers would be self sufficient in the new business department. We instead focused on research, infrastructure and paraplanning, sales process, chartered status, client communications and so on. But while this was all very laudable, it was a waste of time. As a start-up, […]
Certain arrangements are treated unfavourably under pension tax legislation when compared to DB schemes I want to use my next couple of articles to explore some of the pension tax legislation differences between DB arrangements and other money purchase arrangements. This week, I am going to look at the differences in the way the pension […]