Andrew Lake has joined Aviva Investors, replacing Chris Higham, to take on the high-yield bond fund. Higham will continue as lead manager on the firm’scorporate bond fund.
By Carl Melvin, managing director, Affluent Financial Planning
As Easter rushed towards me last week, there was little sign of the market pausing for breath. Private client stockbrokers of my acquaintance have been busy balanc-ing their clients’ capital gains positions. This time last year, there were no gains to offset to speak of. Now we are in a new tax year – a […]
The Conservative party has pledged to restore the link between the basic state pension and average earnings if elected, but has not given details about when it aims to make the change.
Northern Rock has launched a direct to consumer online mortgage service.
By Paul Caruana-Galizia, Neptune Economist
Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.
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Pensions minister Guy Opperman is hoping the single financial guidance body will be established by winter. Opperman updated delegates at the ABI retirement conference today on how the guidance body is progressing. Currently the government is looking for a chair and chief executive who, once hired, will start looking at how the single guidance body combining […]
The FCA’s recent discussion paper, DP18/2: Transforming Culture in Financial Services, focused heavily on how to drive cultural change within an organisation. A number of the paper’s contributors highlight that focusing solely on senior management behaviour and the ‘tone from the top’ overlooks the complexity of organisational culture and the role all employees have in […]
Jupiter Asset Management is concerned markets could see further volatility in the latter part of 2018, while the strength of the dollar could also threaten global growth. Speaking at Jupiter Asset Management’s annual investment dinner last night, fund manager Ariel Bezalal said: “Our concern is that what we had in February with the shocking rise in […]