The IMA has hit out at claims that means-testing will deter people from saving into personal accounts.In its response to the Pensions White Paper, it says: “Means-testing is no argument against encouraging millions of non-savers to make provision for a decent retirement.”The IMA says the Government needs to address the risk of small numbers of […]
Amvescap, the US parent of Invesco Perpetual, is suing Deutsche Bank to try to stop it poaching its fixed-income team, including up to four senior fund managers and 12 analysts.Invesco Institutional Inc filed a law suit in the New York Supreme Court against Deutsche Investment Management Americas Inc on Monday after partners Stephen Johnson, James […]
Norwich Union monthly income plus fund manager Mark Gull is leaving Morley after eight years to join Pension Insurance Corporation, a newly launched company that buys and then insures companies’ pension liabilities. Roger Webb will take over the management of the fund.
In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]