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Increase auto-enrolment to 12%, adviser trade body says

The Government should increase mandatory auto-enrolment contributions to 12 per cent, advice trade body Pimfa argues. Responding to a consultation by fellow trade body the Pensions and Lifetime Savings Association today, Pimfa says that too much attention is still being given to participation rates in Government savings policy and not on whether enough is being saved. […]

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Transact readying for float in March

Transact parent IntegraFin Holdings is applying to list on the main market of the London Stock Exchange with the float expected to take place in March. IntegraFin today confirmed its intention to go ahead with an initial public offering. Shares in the company will be offered to UK institutional investors. Those “elsewhere outside the United […]

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Mark Mobius to retire from Franklin Templeton after three decades

Emerging markets expert Mark Mobius is to retire from Franklin Templeton Investments on 31 January, after more than 30 years with the company. Mobius, a Money Marketing columnist, oversaw Franklin Templeton’s emerging markets team from 1987 to 2016. He has spent more than 40 years working in emerging markets and launched one of the first […]

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