Glasgow Investment Managers is offering the Mackintosh high income fund aiming for a net yield of 5.5 per cent a year.
The Association of Residential Letting Agents warns nearly 4m new dwellings will be needed in the next 15 years to fulfil demand. With the inadequacy of pension provision and increasing life expectancy, solutions such as retirement homes for rent, equity release schemes and Reits seem likely.
Newton has appointed Neiloy Ghosh from SG Asset Management to head its Japanese equities desk. Ghosh will also run the Japan fund.
CHELSEA BUILDING SOCIETY
Prospect Non-Conforming Right-To-Buy 2 Year Fixed
Fund ranges Advisers could spend their time more fruitfully if providers pruned down the bewildering array of funds on offer, says Scottish Life investment development manager Emma Jones
Those of you who have read any of the political manifestos over the previous weeks may have noticed one glaring omission from all the publications: the subject of welfare reform and the role that income protection could (and probably should) play in this process.
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The Government should make it easier for advisers to sell products that blend income drawdown with insurance to meet future care costs, according to former pensions minister Steve Webb. A paper published today by Royal London calls on the Government to introduce policy changes which allow new products to be created that pay for long-term […]
Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]