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MPs launch inquiry into DB schemes following BHS collapse

MPs are to launch a new inquiry into the sustainability of thousands of defined benefit schemes as the BHS and Tata Steel scandals draws attention to occupational plans. Committee chair Frank Field has branded the DB funding crisis “one of the great problems of this age”. The Work and Pensions Committee has been grilling trustees, […]

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SJP: ‘Pension exit charge cap won’t impact us’

St James’s Place says the FCA’s proposed 1 per cent cap on pension exit penalties will have “no impact” on its business. The wealth manager controversially applies an exit fee of 6 per cent for pensions and investment bonds. This declines by one percentage point a year until there is no exit charge over six […]

Stephen Crabb
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Crabb urges financial services industry to ‘make the case’ for Remain

Work and pensions secretary Stephen Crabb is calling on the financial services sector to “make the case” for the Remain vote to get it “across the line” ahead of the EU referendum. Speaking at an ABI dinner this week, the Tories’ replacement for Iain Duncan Smith – a vocal Brexit supporter – urged firms to […]

Best Mortgage Adviser – Mortgage Advice Bureau

The Best Mortgage Adviser category was closely fought with the judges deliberating long and hard over a decision. But this year the gong goes to Mortgage Advice Bureau for its overall contribution to the mortgage market, knocking last year’s winner London & Country Mortgages off the top spot. The quality of advice on offer of […]

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]

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