Just Retirement has seen annuity sales drop by 37 per cent for the three months to 31 March, with total sales also falling 45 per cent. For the quarter, annuity sales tumbled from £338.1m to £213.4m, while total sales fell from £497.3m to £276.1m. For the nine months to March annuity sales were down 15 […]
Ascentric sales and marketing director Mike Morrow has quit the company for a new role. Morrow will be replaced by head of business development Justin Blower and head of marketing Sarah Lyons, who will lead sales and marketing, respectively, on an interim basis. Ascentric managing director Jon Taylor says the Royal London-owned platform will consider […]
Royal London Asset Management has unveiled an Enhanced Cash Plus fund to complement its £1bn Cash Plus fund. The new fund, which launches today, has a similar investment approach to the existing Cash Plus fund, aiming to preserve capital while providing income and capital growth in excess of money market rates, but with the potential […]
Brandon Lewis will remain housing minister despite reports he had been replaced. Yesterday, it was being wrongly claimed on Twitter that Mark Francois had been made the new housing minister after he was appointed minister of state for communities and local government. The rumours were fuelled by the fact Lewis’ photo and profile had been […]
The Artemis UK Smaller Companies Fund has delivered good returns through the bull market. But its cautious style is better suited to the trickier times which could be coming, says manager Mark Niznik.
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