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Old Mutual names price for Quilter shares

Old Mutual Plc has revealed the prices in its global offer for shares in the former Old Mutual Wealth. The price range has been set between 125 pence to 155 pence per ordinary share. Now rebranded to Quilter, under Old Mutual’s managed separation strategy the business will be the first breakaway from the parent group to […]

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Adviser banned over fake qualifications

The director of a one-man financial advice firm has been fined and disqualified by the FCA for issuing false qualification documents. Darren Cummings, of Northern Irish firm DCC Financial, fabricated two statements of professional standings, claiming they were issued by the CII. According to a final notice, the FCA found the SPS 1 and SPS […]

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Your Index-Linked Gilt Fund may not be as risky as you think

Index-linked gilts (also known as inflation-linked) can play an important role within an investor’s portfolio,and are a distinct asset class to conventional gilts. While index-linked gilts have a higher duration compared to their conventional counterparts, this duration figure is misleading as inflation-linked bonds do not tend to move in line with their conventional counterparts. Key […]

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