Investors who bought into traded life settlement policies through Managing Partners Limited face a stark choice between staying in the gated Traded Policies fund or moving to an alternative fund that they have to stay invested in for at least five years. MPL has launched a new fund for investors after the firm placed a […]
The pension annuities revolution has come as a surprise to most advisers and the need to think through the implications for both clients and firms is pretty urgent. Of course, there is a whole year until the full impact of the changes hits in April 2015 but clients need guidance in the meantime. What is more, the interim […]
Cofunds has posted a pre-tax profit of £4.2m for 2013, a drop of 16 per cent from the £5m pre-tax profit posted in 2012. The platform was acquired by Legal & General in May. It says as part of the acquisition it is targeting annual savings of £11m by 2015. Turnover increased by 7 per […]
Protection advisers are struggling to arrange life cover for borrowers who have bought through Help to Buy 1. Under the first phase of Help to Buy, which launched in April 2013, borrowers with a 5 per cent deposit hoping to buy a new-build property can secure a Government loan worth up to 20 per cent […]
As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]