A former ABN Amro team has set up an asset management boutique to launch European equity funds and asset allocation models.The seven-strong team received Financial Services Authority approval to launch Aethra Asset Management last week. The firm has offices in London and Amsterdam. The employees come from ABN Amro’s Tactical Asset Allocation (TAA) and European […]
Liberal Democrats Shadow Chancellor Vince Cable’s early day motion calling for the Government to pay compensation for Equitable Life victims has received 300 signatures from cross-party MPs.
Nationwide will now aid home movers in negative equity by offering them in affect a new mortgage worth 125 per cent.
Newly appointed Openwork chief executive Martin Davis says the network may offer an IFA proposition to advisers as well as its current multi-tied strategy.
The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals on the information that should be delivered to people approaching retirement and how it should look and feel. During 2015, there will be […]
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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 […]