HSBC Investments has recruited James Hughes and Nicholas Pothier from Axa Investment Management for its multi-manager team. Hughes will head the team, with Pothier joining as a portfolio manager.
RLAM has been selected by Skandia Investment Management to manage a segregated actively managed corporate bond portfolio of 145m.The RLAM mandate follows a tendering and selection process and forms part of Skandia IM’s multi-manager range. It will be managed by RLAM head of fixed interest Jonathan Platt.RLAM chief executive Andrew Carter says: “This indicates growing […]
The Pensions Commission should take a lesson from a Far Eastern allegory
LibDem Shadow Chancellor Vince Cable has called for home-reversion regulation to be backdated to M-Day or at the very least the point at which the legislation reached Parliament. Cable is is calling on the Government to rush through the regulations to avoid a gap in consumer protection. Regulation is scheduled to come into force in […]
Safe Home Income Plans has hit back at Labour backbenchers’ claims of flawed equity-release advertising, saying increased competition this year will boost product innovation. But trouble could be brewing, with a Ship member survey predicting that equity-release products could be aimed at younger people this year. Labour MPs have accused Norwich Union and other equity-release […]
New research has proven the positive impact that protection, health and wellbeing (PH&W) benefits have upon a business.
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]