Scottish Widows Investment Partnership is urging institutional investors to look outside their national borders and diversify their portfolios Europe-wide. According to SWIPs research on European real estate, many investors are too domestically focussed, with international real estate holdings representing only a small percentage of portfolios.In sector allocation, SWIP recommends an overweight position in the European […]
The FSA has identified four priority areas in a bid to improve the quality of equity release advice including more mystery shopping this spring.It has pledged to assist firms with meeting their regulatory responsibilities, and it plans another mystery shopping exercise and a review of lifetime mortgage advice and subsequent investment advice.It has hired a […]
The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.
The FCA and The Pensions Regulator say they will use a broader range of interventions to drive up value for money for savers. In their joint strategy on pensions launched today, the watchdogs identify two new priority areas for joint action going forward. The first is a strategic review of the entire consumer pensions journey […]
The Pensions Ombudsman has instructed Suffolk Life to pay £500 in compensation for failing to transfer a member’s benefits into his occupational scheme on time. In the ruling, a complainant referred to as Mr S says Suffolk Life as Sipp administrator is responsible for a loss of investment growth because of a delayed transfer. In 2012 […]
Tatton Asset Management has reported a 16 per cent increase in assets under management over the last six months. Total funds have now passed the £5bn mark to reach £5.7bn as at the end of September. Tatton Asset Management is the parent company of both Tatton Investment Management, a discretionary fund manager, and Paradigm Partners, an […]