Invesco Perpetual has added a retail share for the institutional UK strategic income fund managed by Mark Barnett. Minimum investment is £500 or £20 a month, compared with an institutional minimum of £250,000, and the fund can be held in an Isa.
Families with older relatives should act fast to establish an enduring power of attorney before changes to the rules complicate the process, warns pi financial dixon sutcliffe & Co.The IFA says as the changes, effective in mid-October, will see enduring power of attorneys replaced by two types of lasting power of attorneys – one to […]
Standard Life has added eight new external funds to its life and pensions range from a providers including Macquarie, Investec, JP Morgan, Schroders and UBS.Standard says the new funds highlighted are Macquarie’s global infrastructure securities, global private equity securities and its global property securities funds – offered on an insured basis exclusively through Standard Life […]
Scottish Life is backing calls for pension schemes to take more responsibility for defined-contribution investment strategy in a bid to meet the needs of scheme members.The Pension Institute published a report in April which found that 69 per cent of pension professionals thought that typical investment arrangements in UK DC pension schemes fall short of […]
Clare Moffat, Technical Manager, looks at the benefits of pensions from an IHT perspective. 100% access and 100% discount – what type of wrapper could this be? A pension! Post flexibility there is 100% access (for those over 55) and normally pensions are inheritance tax (IHT) free. With flexibility the options available on death mean […]
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 […]