International advisers are struggling to keep up with new pension transfer regulations, citing high fees and a reluctance from UK advisers to form partnerships. Since April all defined benefit transfers must be overseen by a pension transfer specialist, meaning advisers working overseas must link up with UK advisers holding the correct qualifications. However, more than […]
Standard Life Investments is closing the Global Emerging Markets Equity Unconstrained fund following a drop in assets under management. The group says the £22m Oeic fund, managed by Matthew Williams, is no longer commercially viable due to a major investor selling out and that it’s size will restrict its investment universe. The Sicav version of […]
Charging ultra-low advice rates for lower-value clients risks undermining the profession’s reputation and will lead to higher compensation payouts, advisers have warned. The Treasury launched the Financial Advice Market Review in an effort to tackle the growing advice gap caused by the RDR and firms increasingly focusing on wealthier clients.But advisers say firms that charge […]
Newton global equity income fund manager James Harries has quit the firm to join Troy Asset Management in a global strategy role. Harries will join the independent fund manager in the new year and will help to manage Troy’s balanced funds range. At Newton Nick Clay, the current lead manager of the BNY Mellon Global Equity Higher Income […]
Jelf Employee Benefits closely examines healthcare provision and challenges within Nigeria. This will be of particular interest to HR decision makers with employees based in Nigeria, and assesses the environment, risks, facilities and safeguards that are relevant to organisations that are actively deploying expatriate staff in this location.
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