I keep hearing people in the industry saying that “we accept major change has to take place ” Why? I am the first to believe that if we can get to an improvement on current arrangements, then we should do that. But why do we have to have change for its own sake?We currently have a […]
Homeowners Investment Fund Managers is this week launching its equity ISA, allowing investors to save up to £7,000 per year tax-free.The mini ISA allows savings of £30 per month or a lump sum of £500, up to a limit of £3,000 and between £500 and £7,000 per year in the maxi ISA.The ISA invests in […]
The Exchange is offering a comparative quotation service that enables IFAs to compare pension products and providers on retirement benefits, fund values, charges, transfer values and product features.The service gives compliant customer-specific quotes and illustrations for individual pension products and is supported by Clerical Medical, Friends Provident, Norwich Union, Scottish Mutual, Skandia and Standard Life.
“No, it has been around a long time, I have been using Scottish Life for 20 years or more. It would be a shame if it were to disappear and become Royal London.”Rodney Henry Van der Molan,Executive & Employer Benefits Services & Co“Whether they do or not I am not fussed.”Nicholas Feldman,N M Feldman Financial […]
As the title of this paper suggests, credit migration is probably worse than you think, but then not as bad as you fear. So how concerned should investors be about this phenomenon? Where should their focus lie? Natixis’ affiliate, Loomis Sayles & Company’s Director of Credit Research and Credit Strategist, Chris Gootkind, addresses this and […]
Platforms should brace themselves for a difficult second half of the year as sluggish Isa sales led to a soft second quarter, consultancy Fundscape says. Fundscape’s latest platform market figures show total platform assets – including the advised and direct-to-consumer sectors – grew by £32bn to £604bn in the second quarter of the year. However, […]
Advisers giving defined benefit pension transfer advice can expect to pay nearly double for their professional indemnity insurance premiums at the next renewal than those who do not advise in that area. QPI, which is part of insurance broker PIB Group, says advisers with DB exposure can expect to pay between 2 per cent and 3 […]
Back in April, I wrote a piece explaining why investors shouldn’t give up on bonds just yet. Given the heightened volatility in equity markets this year, I thought it might be a good idea to take a closer look at this asset class, too. The VIX index, which predicts market volatility and is known as […]