Newton Investment Management’s global higher income fund has received an AA rating from Standard & Poor’s.
Employee share plan organisation Ifs ProShare is offering an introductory course for financial advisers.
Conservative shadow chancellor George Osborne has written to the chancellor Alistair Darling calling on him to halt the tax exodus of UK companies.
Fidelity FundsNetwork has launched a cash account that it says will help advisers moving to customer agreed remuneration models.
Emerging market equities have rebounded following several years of underperformance on both an absolute and relative basis, yet most investors remain pessimistic and are significantly underweight the asset class. Read the full article here
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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]