The Isle of Man government and local banks are to offer a compensation package, including help for bondholders with cash deposits in KSF IoM. It will combine government and bank contributions with provisional liquidation assets.
At Pictet Asset Management we believe active management of asset allocation is the most important generator of returns. What is not to be in our portfolio is just as important as what is to be because good performance is determined as much by the assets you avoid as by those you hold. The FP Pictet Multi Asset Portfolio managers are not wedded to any particular […]
It is unclear whether the FCA will consider widening its platform exit fee ban after the regulator poured cold water on reports it was preparing a new consultation. The Financial Times reported this morning that discussion had taken place over a potential paper laying the background for a widening of the proposed exit charge ban […]
Too many new initiatives are ignoring the obvious foundation available from which to build on Last month’s Budget documents confirmed the government is supporting the pension dashboard project, setting aside £5m to fund it. But the most significant part of the announcement was that the documents referenced “pension dashboards” – plural, not singular. The clear […]