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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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]