Threadneedle has recruited Pauline Nepgen from Investec Asset Management for its global equities team. She will be responsible for covering technology and telecoms, with regional responsibility for Asia.
Hedge fund multi-manager Fortune Asset Management expects its closed-ended market wizards fund to list on the London Stock Exchange within four weeks.
River and Mercantil Asset Management
UK Unconstrained Fund
Abbey has been accused of creating a huge payment shock for borrowers after launching a stepped-rate deal that starts at 2.99 per cent for the first year.After one year, the five-year mortgage offer shoots up to 6.2 per cent for two years and climbs again in years four and five to 6.35 per cent. It […]
LV= and Bright Grey have revamped their critical illness cover in light of the Association of British Insurers new definitions for CI.The ABI’s statement of best practice for CI must be implemented by all protection providers by the end of April and many providers are taking the opportunity to revamp their CI products at the […]
The pension versus Isa debate has raged on and off for years. Les Cameron, head of technical at Prudential, asks if three’s a crowd. I think the debate was arguably settled by pensions freedom when the biggest downside of pensions – limited access and poor death benefits – was fundamentally changed. Total access, albeit with […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]