More to follow…
Seventy-two weeks in and the equity bear market is officially the worst since the Great Depression. The pace of decline compared with the previous worst bear market, which took 264 weeks, shows the depth of the slump. This is, after all, a balance sheet recession, not your average inventory-led downturn.
Ascentric has added 103 extra funds to its platform bringing its total to 2,944 funds from 231 fund managers.
Fidelity’s Anthony Bolton has called the bottom of the stockmarket slump and says banking stocks are well placed to benefit from the upturn.
These days, with comparison sites and price competition, it can be hard to see what sets some policies apart. By recommending cover that offers more than a financial payout, you could be giving your clients more than they expect. We know it’s important to do things differently. That’s why all our protection plans available through […]
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Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]