Neptune Investment Management has teamed up with private equity manager Calculus to offer the Neptune-Calculus income and growth VCT. The VCT will provide twice yearly tax-free dividends and capital growth. Initially, all the money raised through the offer will be inves-ted in a portfolio of Neptune income funds, UK shares and money market instruments. The […]
I have been reading the December 9 edition of Money Marketing in relation to the FOS seeking regulation for no win/no fee endowment complaint handlers. It always amuses me when I read this as it seems to me that this growth market is one that has been created by the impression that the FOS scheme […]
Do you think whole-of-life policies have been widely missold?”Yes. I think if whole-of-life products have been sold as savings vehicles then there could be a widespread problem.” Geoff Castell, Geoff Castell”No. Personally I would not say there is a great problem. The products are fine, it is a question of how they are sold.” Mark […]
Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?
UK stocks have fallen to bargain prices and investors should look closely at them, according to start fund manager Richard Buxton. Last night prime minister Theresa May survived a no-confidence vote as she won the support of 200 Tory MPs against 117 who voted against her. Fund managers have argued that the confidence vote could […]
Embattled asset manager GAM has announced a “comprehensive restructuring programme” this morning in the wake of poor anticipated results. The manager hit headlines in August when it was forced to liquidate the fund range of investment director Tim Haywood after an internal investigation uncovered issues with his risk management procedures and record keeping. This morning, […]
Next year is set to be one of challenge and change for the advice profession, but also one of opportunity, as the UK plots an uncharted journey outside the economic boundaries of the EU and planning businesses continue to adapt to evolving regulation. The past 12 months have seen advisers work to meet new European […]