New Star has opened its international property fund to retail investors. The fund will offer a 1 per cent discount on the initial charge for all lump-sum investments during the offer period of May 14-June 4, with a fixed price of 50p per unit during the retail offer period, priced daily after the offer period ends.
Hargreaves Lansdown is urging the Government to make the open market option the default option for annuity sales to stop customers ending up in second rate products.In its response to the Government’s Omo review, introduced alongside the national pension savings scheme reforms, Hargreaves Lansdown calls for zero tolerance on transfer delays with a system of […]
The Financial Services Practitioner Panel has urged the FSA to consider the impact on retail firms of the number of reviews, projects and thematic initiatives it conducts.Speaking on the release of the FSPP’s annual report , chairman Roy Leighton says the FSA needed take into account the industry impact of so many initiatives especially as […]
Zurich Financial Services
Guaranteed Capital Account 12
Sanjeev Shah will be appointed as the replacement to Anthony Bolton to run Fidelity’s £3.2bn UK special situations fund, sources close to Money Marketing understand.
Join Trevor Greetham, Head of Multi Asset at Royal London Asset Management (RLAM), for a webinar on 30 March at 2pm. During the update, Trevor will consider how various asset types have fared in 2017 and offer his outlook, using the Investment Clock model to illustrate his views. Find out more here
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The number of Sipp related complaints at the Financial Ombudsman Service has continued to rise. Between July and September, 767 Sipp enquiries were received, FOS data out today shows, compared with 678 for the previous three months. Sipp complaints are now more than 50 per cent higher than they were in early 2016. 193 made […]
Three fund selectors give their views on choosing passive funds, blending, and investor suitability
The youngest ever fellow of the Personal Finance Society has moved to a new advice firm. Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body. Chief executive Keith Richards described the achievement as “truly remarkable”. […]