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Daniel Godfrey cans People’s Trust over lack of demand

Daniel Godfrey’s People’s Trust has announced that it is canning its listing on the London Stock Exchange due to a lack of demand from intermediaries and institutional investors. In a statement, Godfrey said the investment trust had attracted a great deal of interest and support, particularly from retail investors. “There was every indication that had […]

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FCA: Only half of DB transfers rated suitable

DB transfers feel more heat from regulator as only third of product choices found suitable The FCA has released findings of an assessment of defined benefit transfer advice showing just 47 per cent were rated suitable. In an update on its work published this morning, the regulator has revealed the full scope of its work […]

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