Alot of the press coverage of the Investment Management Association concerns the topic of sectors, especially the creation of new sectors or the abolition of small ones that no longer serve a purpose. What is the objective of the IMA categories? There are more than 2,500 UK authorised funds available to buy. Sectors are designed […]
Prudential has launched five risk-rated multi-asset funds in partnership with Old Broad Street Research. The dynamic portfolio risk-rated defensive, cautious, cautious growth, balanced and adventurous funds will be available across Prudential’s pers-onal pension products, income drawdown, onshore and offshore bonds. Prudential’s portfolio management group will be responsible for the asset allocation of the vehicles while […]
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.
The Liberal Democrats are calling for the government to introduce a cooling off period for people who take more than the minimum lump sum from their pension pot without taking financial advice. Currently, withdrawals over the 25 per cent minimum are taxed at an emergency tax rate, which can lead to pensioners paying too much […]
Regulator unveils proposed directory of senior financial services professionals, publishes fees for 2018/19 and approves new tech-based mortgage firms. The Financial Conduct Authority published a raft of reports, consultations and policy initiatives over the past month and many will have a direct impact on the mortgage sector. Recently, the FCA has put forward plans to […]