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Trade body pulls ‘Loch Ness’ statement after campaigner pressure

The Investment Association has taken down the press release that likened funds’ hidden charges to the ‘Loch Ness Monster’ of the investment sector after mounting pressure from transparency campaigners. This month, following the implementation of Mifid II, research exposed some fund managers’ costs increase at least two times beyond the ongoing charges figure. Industry experts […]

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FOS penalises Intrinsic over Sipp transfer to Harlequin

The Financial Ombudsman Service has ruled against Intrinsic Financial Planning over a client who switched his personal pension to a self-invested personal pension in order to invest in Harlequin. Mr A complains that he received unsuitable advice from an appointed representative of Intrinsic to switch his personal pension to a Sipp. When the transfer was […]

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FANGs – how high can they go?

Ali Unwin, Chief Technology Officer & Fund Manager, Neptune Ali Unwin, manager of the Neptune Global Technology Fund, looks at the dominance of the large tech stocks and asks what the likelihood of a sell-off is after their impressive run. Read more  Important Information Investment risks   This Fund may have a high volatility rating and […]

The changing world of professional connections

The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]

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