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Richard Buxton: ‘I don’t hold much hope in UK growth’

Old Mutual Global Investors UK equity fund manager Richard Buxton says he doesn’t hold much hope for UK growth. Speaking at a conference hosted by AJ Bell today, Buxton said: “We are in a difficult place in the UK at the moment.” He added that current conditions were the “most unfavourable markets I have ever seen”. […]

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Nucleus eyes ‘hybrid fee’ in pricing review

Nucleus is eyeing a “hybrid fee” model to share costs between advisers and clients in a review of its pricing. The platform is exploring how the firm would offer a hybrid pricing model, where both advisers and clients will pay a fee for the platform, with the latter paying a lesser amount. Nucleus business development […]

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Schroders takes stake in Best Practice

Schroders has taken a stake in Best Practice and its parent company Benchmark Capital for an undisclosed sum, Money Marketing can reveal. The size of the stake has not been made public, though it is understood to be “significant”. As well as network Best Practice, Benchmark Capital includes chartered IFA Aspect 8, network and chartered […]

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Aegon pulls off-platform guaranteed products

Aegon has withdrawn its off-platform income guarantees range and closed four products to new business. The products are Aegon’s secure lifetime income, secure income, secure capital, and secure trustee investment. Aegon says it is committed to customers with existing guaranteed products. In a statement, it says: “Applications submitted with a valid illustration produced prior to […]

Risk-free path to pensions is a myth

Robin Geffen, Fund Manager and CEO Are you taking enough risk? Robin Geffen, Founder of Neptune and Manager of the top performing Global Alpha Fund, discusses the importance of accepting enough volatility in planning for retirement. Click here to read the full article Important information Investment risks The value of an investment and any income from […]

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