We regret that this was the wrong Mr Malcolm Calvert and we withdraw any allegation to the effect that he or Buckland Harvester have been involved in any impropriety. Money Marketing apologises unreservedly to Mr Calvert and to his colleagues at Buckland Harvester for any embarrassment and distress caused by the original article.
Incredibly, there are no longer any major investment banks in the US. Thousands of people have lost their jobs and many more are sure to go as the financial services industry learns to live without the money that it used to have.
Advisers are concerned that clients in the soon-to-be-defunct AIG Life UK enhanced fund are being forced to make an irrevocable decision about their investment without asset value information.AIG Life is closing the fund on December 15 and is giving investors the choice of withdrawing their investment or transferring it to a protected recovery fund.Policyholders who […]
Some 79 per cent of advisers are more wary about recommending structured products due to concern over Lehman-backed investments, according to a moneymarketing.co.uk straw poll.
Standard Life’s latest savings and investment index shows that consumers are still alarmingly misguided when it comes to saving for their retirement.
Ewan Thompson, Head of Emerging Market Equities, Neptune Although in political terms 2016 will be remembered for the seismic shocks of the Brexit vote and Trump’s presidential victory, the year was also a watershed for the global economy and emerging markets in particular. Following five years in the wilderness, the conditions are now in place […]
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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 […]