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Pensions ombudsman rejects complaint over LV= Sipp transfer

The Pensions Ombudsman has rejected a complaint against LV= after a customer lost £16,000 while transferring into a new pensions policy. Mr H complained that LV= failed to act on his instructions to cash in and reinvest his portfolios while in drawdown. The transfer represented an internal transfer from a LV= pension policy to a […]

The Merchants Trust

Simon Gergel, portfolio manager, The Merchants Trust, Allianz Global Investors, discusses the aim and objective of the fund, what challenges there are in running a concentrated portfolio, where to find the most value in equity markets and how the portfolio is currently positioned.

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