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Connaught investors to get compensation by October

Investors who lost money after the collapse and suspension of the Connaught Income Fund in 2012 have been told redress payments will start by 27 October. Investors tell Money Marketing that joint communication from administrators Duff & Phelps and the FCA outlines figures owed for individual cases and gives until 25 September for responses to queries. […]

The businessman stood on the road sign and watched the telescope
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Advisers question SimplyBiz membership amid rising costs and declining offerings

Advisers are questioning their membership of support service provider SimplyBiz in the wake of recent cost increases, saying the breadth of services offered is declining. Money Marketing understands adviser members were asked to provide their fee income details to SimplyBiz through a questionnaire earlier this year. SimplyBiz’s monthly subscription is currently set at a guaranteed-for-life cost […]

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Royal London: Too many passives could hurt the economy

An excessive use of passive funds could deprive companies of investment, take focus away from corporate governance and leave investors under-diversified, according to Royal London. The popularity of passive funds has steadily increased in the past 15 years. Competition between individual passive funds drove down their fees, making them even more attractive for investors. Active […]

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Hargreaves Lansdown launches delayed cash product

Hargreaves Lansdown has rolled out a cash service tool after more than two years of delays. The new service, Active Savings, will let users save money in cash alongside an Isa, Sipp or in general investments. According to a Financial Times report, the launch follows a series of delays for the product which was initially […]

Political risk and monetary policy

In the first video of a series of short interviews conducted with Investment Week’s Editor, Lawrence Gosling, Senior UK Equity Fund Managers Martin Cholwill, Richard Marwood and Henry Lowson discuss the effect that unfolding Brexit negotiations are having on their plans for positioning. The managers also address monetary policy, sharing their views following the latest […]

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