The sell-off in bonds has been indiscriminate. James Foster intends to make the most of all that entails.
The topic I have discussed most over the last 12 months is pension death benefits and the one thing I am asked time and again is whether we should now revoke the discretionary trust nomination in favour of named persons. My answer? I do not know: it is a very personal decision and tends to […]
Wealth manager Charles Stanley has appointed Mark Pittaccio as head of intermediary distribution. Pittaccio joins from network In Partnership where he was group investment director. He was previously investment director at Thinc Group and founded advice firm Highfield Financial Services. In his new role Pattaccio will be responsible for developing the national sales team and […]
Cooper Parry Wealth has scooped the award for accredited financial planning firm of the year at the Institute of Financial Planning’s gala dinner last night. The awards are held at Celtic Manor in Wales as part of the IFP’s annual conference. The certified financial planner professional of the year award was won by Paradigm North […]
The future of Investment Association chief executive Daniel Godfrey must surely be in question amid the prospect of a mass walkout of key investment firm members and crisis meetings held today. Yesterday saw M&G and Schroders say they are planning to leave the organisation, while Invesco Perpetual, Aberdeen Asset Management and Fidelity Investments are also rumoured to […]
With volatility set to continue, Peter Saacke, manager of the Artemis Global Growth Fund, thinks stock-specific opportunities are on the rise.
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One of the men behind an illegal collective investment scheme has been sentenced to another year in prison after failing to pay his FCA-ordered compensation. Ross Peters was one of eight men convicted over their role in a land banking scheme. The group ran a Ucis operation through three companies which cold-called potential investors to […]
Aviva has apologised after a website issue left some advisers unable to submit applications on behalf of clients last week. Money Marketing understands online access was disrupted until at least 5:30pm last Friday. It is understood some advisers were unable to submit applications on behalf of clients, for example, life and critical illness cover applications. […]
Retail investors have stuck by Neil Woodford in 2017 despite several multi-managers pulling money from the star fund manager. The Woodford Equity Income fund was the second most popular with Bestinvest retail investors, although Fundsmith Equity was the “clear and decisive winner” when it came to inflows via the investment platform, says managing director Jason […]