The peer-to-peer lending debate has been rumbling on for a good few years now and does not seem to be coming to an end any time soon. Earlier this month the Treasury held a meeting with industry figures to discuss the subject. I was not there so cannot comment on what was said but I […]
The FCA says tackling and preventing investment scams will be one of its key priorities for the coming year. In its business plan for 2016/17, published yesterday, the regulator says it is particularly concerned about the harm that could be caused to consumers who fall victim to scams related to their pension. The FCA launched […]
Neil Woodford has admitted it is difficult to assure staff and clients that a fund is sustainable beyond one individual in a discussion about star manager culture. His former employer Invesco Perpetual saw £5bn in outflows in the year following his departure in 2014. He now runs the Woodford Equity Income fund and the Woodford […]
Standard Life has reportedly made a formal bid to acquire Axa’s Elevate platform. According to Bloomberg, Standard Life is in talks for the business unit as the French insurer seeks to sell off its UK life insurance and wealth investment units. Axa will reportedly seek to sell of chunks of the business separately, and is […]
After a volatile 2015, Peter Saacke considers the prospects for a (smooth) recovery in 2016.
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