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Quilter listing boosts profit at Old Mutual

The listing of Quilter contributed to a 42 per cent increase in post-tax profit at Old Mutual in the six months ended 30 June. Quilter, formerly Old Mutual Wealth, listed on the London Stock Exchange valued at £2.76bn on 25 June. In half-year results released this morning, South African business Old Mutual, which is still listed […]

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Millennials seeking more pensions support from employers

More than half of millennials want their employer to do more to explain pensions and benefits, Prudential research shows. The June survey of 1,178 adults finds 24 per cent of millennials admit to not having a pension fund and 27 per cent do not believe that pensions are relevant to their generation. While 66 per […]

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Graham Bentley: Absolute return has had its day

Do you believe a return in excess of deposit rates, with no risk of loss and low charges, is a realistic investment aspiration? Returns are simply compensation for an investor’s loss of use of the money, and the risk of not being compensated is inherent in the transaction. Debt markets work on the basis that […]

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