4 August 2016

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The Brexit boost for US equities

As we move through the halfway point of 2016, sentiment has been impacted by the UK’s surprise vote to leave the European Union. Prior to the Brexit sell-off, markets had moved higher on the strength of improving commodity prices (crude oil rose 17 per cent for the quarter to over $48 per barrel) and indications […]

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Playing the ‘new Japan’ theme

Japanese Prime Minister Shinzo Abe has recently announced his government is to introduce a ¥28tn (£200bn) package to boost the country’s flagging economy. The move had been expected in the wake of the UK’s vote to leave the EU, which Abe had warned would negatively hit the Japanese economy. However, the amount itself took markets […]

Are your clients visual, verbal or emotional?

If it was not for the RDR rearing its head when it did, it would have been many years since most of us gave any thought to the way in which we learn and retain information. With the average age of advisers currently standing at 58, those that had not actively pursued non-mandatory professional qualifications […]

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What next for the 5% allowance rule?

One helpful feature of the taxation of investment bonds is the ability for the client to take partial withdrawals each year of up to 5 per cent of the amount invested, for at least 20 years, without triggering an immediate tax liability. Used properly, this facility can give access to regular or one-off payments with […]

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Mark Dampier: The small fund with a big ambition

When investing in global equities the options are vast. With a hunting ground spanning almost every country and sector, it is often assumed a manager requires a huge team of analysts behind them to run an international fund. Yet James Thomson of Rathbone Global Opportunities has thrived as part of a relatively small team. His […]

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Apfa: Financial regulation is in need of reform

There are three crucial questions that will determine the effect of Brexit on advisers. Firstly, to what extent will the UK seek to apply the single market? Our surveys have found one in three advisers have at least one client outside the UK in the EU. In the event advisers must have a local licence […]

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Gregg McClymont: What does Brexit mean for UK pensions?

Since dawn broke on the morning of 24 June I have been asked the same question repeatedly: what does Brexit mean for British pensions? One answer would be that I am not Nostradamus. Certainly, the future by definition is unknown. However, discerning the lineages of the short-term effects and the long-term parameters in which the consequences […]

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Dennis Hall: I joined Libertatem to fight for advisers

In my previous column for Money Marketing, I said I would reach out to Garry Heath to hear what he had to say about Libertatem. You might recall me describing him (and his ilk) as pugnacious. In contrast, I would be courteous and open-minded. Who was I kidding? I had already decided I would not […]

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Ian McKenna: How to fix the broken protection industry

At last month’s Protection Review conference, chief executive Kevin Carr identified just 3 per cent of mortgage advisers think the protection industry is working well for them. This is a damning indictment of the current state of the life assurance industry. A small number of highly professional specialist protection advisers, who understand their products inside […]

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Alan Hughes: Why firms do not need to turn away insistent clients

In June 2015 the FCA released Factsheet 035 for advisers, setting out its views on pension reforms and insistent clients. This was prompted by the pension freedoms legislation. The issue has been in the news again as the FCA embarks on another suitability review, asking firms for a significant amount of information including data on […]

Standard Life’s Jamie Jenkins on nudge theory for the over 55s

Standard Life head of pensions strategy Jamie Jenkins has a solution to the retirement savings gap. Unfortunately, however, it is not a quick fix. “What we need is a savings culture,” he says. “Automatic enrolment is nudging people towards that but it’s just the start of the process. We could have people saving for their […]