Last week, we launched the second half of our Game of Two Halves competition, offering the sporting day of a lifetime with Save & Prosper. We are now in week two. If you missed the questions on page 5 (how could you?) turn back. Four IFA readers have the chance to win tickets to the […]
Directors of the PIA's biggest member firms face hefty fines in four months if they continue to drag their heels over the pension misselling review. The PIA has brought forward individual registration for directors of its 92 biggest members in a bid to speed up the long-running review. The contracts come into force on May […]
While I appreciate the point that Phil Gammond was making in his letter (Money Marketing, December 4), he was overgilding the lily in his comparison of the actual cost to the customer of fees v commission. It is not right to compare the net cost of advice (£120 in his example) with the gross earnings […]
HSBC Asset Management has reissued its Dublin-based Global Protection Pep, which allows investments up to £9,000 to be made, using both the single and general Pep allowances. This Pep has traditionally been aimed at the cautious investor perhaps dipping a toe in the equity market for the first time. However, HSBC is also targeting investors […]
Jacob de Tusch-Lec, manager of the Global Income Fund, analyses a sell-off so “vicious” that the ‘hot’ stocks are underperforming emerging markets. What does it mean for the portfolio – now and in the months to come?
A weekly account of the curious goings-on in the world of financial services A hostile climateOn the same day the Prudential Regulation Authority put out a policy statement on the financial risks of climate change and five London landmarks were ground to a halt by climate protesters, it was starting to feel like a bit […]
Understanding the impact of cutting the dead wood Nothing sells funds like performance. Despite all the regulator’s railings that past performance is no guide to the future, we see flows being directed to the funds at the top of the league tables time and time again. There are, of course, far too many funds out […]
The Department for Work and Pensions has published its first round of guidance to help trustees resolve unequal guaranteed minimum pensions today. A GMP is the minimum pension that an occupational pension scheme, contracted out of the additional state pension between 6 April 1978 and 5 April 1997 on a salary-related basis, has to provide […]