Advisers and providers must not halt preparations for Mifid II despite the UK’s exit from the European Union, according to regulatory experts. It is expected Mifid II will be fully implemented before the two-year negotiation period concludes. Mifid II, which includes rules around charges disclosure, is expected to be introduced in the UK in January […]
Trust in a diversified portfolio. That is the key message advisers are giving clients in the aftermath of last week’s Brexit vote as firms focus on reassuring customers in the wake of market shocks and volatility. The 24 June referendum decision that will see the UK leave the European Union has resulted in stockmarket and […]
In 2012 I published a video explaining how to buy a car without using finance. The principle is that instead of paying interest on loans, you make do with a lesser car to start with, bank the money you would be paying on a finance payment and trade up each year. In the example, I […]
Auto-enrolment provider Now: Pensions is to boost staff numbers by nearly 200 after launching a new office in Nottingham. The firm opened its first office out of London last year and is now expecting to add 192 roles over the next two years. Now: Pensions is nearing one million savers. Chief executive Morten Nilsson says: […]
Having stabilised at around $65 a barrel, many investors are questioning if the price of oil will rise, and when. Richard Hulf provides his view. Richard Hulf, manager of the Artemis Global Energy Fund, sets out his thoughts about how the oil price may move through the next six months. At the start of the […]
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Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]