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Out of context


“One for the legals – please check it’s not too strong and feel free to gently dilute.”

Syndaxi Chartered Financial Planners managing director Rob Reid does his best to add to MM editor Natalie Holt’s stresses

“That went down like a bucket of sick”

An FCA press officer on the industry’s reaction to additional RMAR reporting requirements introduced last year and recently modified

“Bring back Malcolm Tucker!”

Hargreaves Lansdown head of pensions research Tom McPhail craves the fictional political enforcer following a shambolic Treasury briefing on pensions tax changes

“I think I’m going to get a voodoo doll of my own.”

Partnership chief executive Steve Groves after Chancellor George Osborne delivered another blow to annuity providers during his conference speech


IMA: Data points to diversity

The latest edition of the Investment Management Association annual survey shows 2013 was another ground-breaking year for UK-domiciled authorised funds as assets under management reached £770bn. Retail funds make up about two thirds of this total.  This growth continued into 2014 with assets increasing to £806bn by July including a further £14bn of flows into retail […]


Experts: Budget reforms risk ‘advice vacuum’

Retirement experts are warning of an “advice vacuum” as savers delay making decisions on their pensions until the new options created by the Budget become available in April 2015. The warning is included in ‘The Retirement Advice Survival Guide’, a paper giving information on the changes to the pensions system, risks, and the new opportunities […]


Pimco names Ivascyn as Gross successor

Pimco has appointed Daniel Ivascyn to the role of group chief investment officer following the departure of founder and bond veteran Bill Gross announced last week. Ivascyn is currently lead portfolio manager for Pimco’s credit hedge fund and managing director of the firm’s Newport Beach office, having joined the company in 1998. Previously he has […]

When will US rates rise?

By Felix Wintle, Investment Director & Head of US Equities The most recent communication from Federal Reserve chair Janet Yellen has put the market’s sights on September as the most likely month for the first rate rise. This is due to the stronger than expected economic data of late, particularly in employment and housing, which […]


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