ABI, NAPF and the Trade Union Congress back commission to tackle short-termist political approach to retirement saving.
BlackRock’s fund manager Justin Christofel is another believer in the European equities story but is cooler on UK and US stocks. In his co-managed £76.8m Global Multi-Asset Income Fund he has shifted marginally out of US equity exposure into European equities, where valuations are “less demanding”. “Equities are a bit more attractive in Europe than the US […]
The Skandia platform and all UK operations have rebranded to Old Mutual Wealth with effect from today Skandia, which launched in the UK in 1979, was acquired by Old Mutual in 2006. Old Mutual Wealth includes the 3000-strong adviser network Intrinsic, which was acquired in February, the platform business, and its asset management arm Old […]
The chief executive of Aviva’s UK and Ireland Life business David Barral is to leave at the end of May after 16 years with the firm. Barral’s departure follows shareholder-approved Aviva’s takeover deal of Friends Life. Friends Life chief executive Andy Briggs will become chief executive of the enlarged UK and Ireland life business, subject […]
Helen O’Hagan, Technical Manager at Prudential looks at the concept of trusts, starting with Gift trusts and why they can be confusing and complex for many advisers. W – why use a gift trust?H – how to set up a gift trustA – access for the settlor and beneficiariesT – taxation of the trust WHY […]
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