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Small caps set to climb as IPOs grow and Europe recovers

The UK small cap market is set to regain traction on the back of weak sterling, a stronger IPO market and the more positive outlook in Europe. Valuations have become more attractive following the sell-off in the small cap sector in 2014, after a “very good run” in 2012-2013, says AXA Wealth head of investing […]

Toby Strauss, Scottish Widows

Scottish Widows appoints head of bulk annuities

Scottish Widows has appointed a managing director of bulk annuities and investment strategy as part of a management shake-up. In October Lloyds Banking Group announced Scottish Widows would enter the bulk annuity market. It has now appointed Jeff Sayers, previously insurance divisional risk officer at Lloyds, to lead the proposition. Sayers joined Lloyds in 2013 […]

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Axa platform to pay exit fees for transferring customers

Customers transferring to Axa Self Investor will be able to claim up £750 per person to pay any exit fees levied by ceding providers. The offer is open to new and existing investors who submit a transfer request between 1 May 2015 and 31 July 2015. However, claims must be made within 30 days of […]

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UK unemployment falls to 7-year low

UK unemployment has fallen in March, bringing in the best rate since mid-2008. Data from the Office for National Statistics shows that in the first quarter employment for those aged 16 to 64 rose to 73.5 per cent, up from 72.5 per cent a year earlier. Employment was up by 202,000 in the three months to […]

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