Most of NU’s with-profits policyholders will see an increase in regular bonuses this year after the CGNU with-profits fund returned 17.7 per cent tax last year.
It was interesting to note the recent comments from some high-profile multi-managers that investment trusts are too troublesome to include within their portfolios.
One of the successes of 2005 was the New Star property unit trust. This is a highly suitable investment for trustees and those investors wanting an above-average secure income as well as the prospect of some capital appreciation. It is also ideal for elderly investors who want a comparatively high and rising income.
Dunedin smaller companies investment trust manager Andrew Paisley has left Aberdeen Asset Management.
Aifa has launched a website to help consumers find advice on contracting out.
By Rob Burnett, head of European Equities at Neptune The ECB delivered a strong package in its latest policy announcement that managed to find the right balance between supporting the economy and not endangering the banking system. The EU banking system is very sensitive to negative rates and, if the ECB were to have cut […]
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
Do not be spooked by recent falls. The bull market has further to run. Stockmarkets have been thriving in the not-too-hot, not-too-cold “Goldilocks” backdrop of the last few years. Growth has been strong enough to boost profits, and inflation low enough to keep central bank policy loose. Recent stockmarket weakness is centred on signs that […]
The FCA continues to engage with the asset management industry on new European regulations as questions remain over how firms should report costs and charges. After over a month since Mifid II and Priips came into force, concerns have been raised on how fund fees, in particular transaction costs, should be calculated under the two […]