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 someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]