Smaller-cap stocks are at last returning to favour. Perhaps this is because the FTSE 100 now offers poor value. But the widening gap in the performance between small companies and the FTSE 100 has been a cause of considerable concern. In the US, where the penetration achieved by tracker funds is considerably greater than here, […]
Treasury economic secretary Helen Liddell is warning smaller firms conducting the pension review that they could be fined for missing deadlines. Liddell is turning her attention on smaller firms after conducting a six-month naming and shaming campaign against the biggest providers. Slow progress with the review could now see fines being handed out to smaller […]
West Bromwich Building Society has bought a £20m residential mortgage book from First Mortgage Group, bringing its group assets to over £2bn. The portfolio was acquired by subsidiary West Bromwich Mortgage Company. The move follows a £90m purchase of the Century Life mortgage book last November.
Liberty International Holdings is buying the rest of the shares of Portfolio Fund Management and injecting £5m to expand the business. It is buying the remaining 30 per cent after taking a 70 per cent stake in January last year. Liberty says Portfolio's funds under management have grown more than fourfold from £20m to £90m […]
By Jamie Clark, Business Development Manager, Royal London Hot on the heels of consultations on tax relief and pension transfers and early-exit charges comes a new investigation into the advice gap, and how this can be bridged. Ever since the new pensions freedoms were introduced, concerns have been raised about how people can get access […]
The heralding of a new year is often positioned as an opportunity to make commitments for the next 12 months. People have the best of intentions as they declare they will exercise more, have a better diet or be kinder. Inevitably, as tumultuous events begin to unfold, however, these promises often fall by the wayside. […]
Beaufort Financial’s Nottingham director Gurmit Nahal on why she outsources investment management and how it enables her to focus on holistic financial planning and strategic oversight of portfolios Do you take care of your investment management in-house, outsource it to a third party or combine both approaches? Why do you do it that way?We outsource […]
Ahead of her appearance at Money Marketing’s flagship conference, Money Marketing Interactive this April, CISI award winner Rebecca Aldridge looks at making numbers more exciting and getting advisers and fund managers on the same page What one word or phrase do you think sums up the state of the financial planning profession today? Over-doing disclosure. Well-intentioned […]