When Neil Woodford announced he was leaving Invesco Perpetual to set up his own fund management business, the industry oscillated between eagerly anticipating his next venture and questioning how Invesco Perpetual would cope without arguably its biggest asset. After all, the top dog of equity income, Woodford had spent the bulk of his career at […]
Figures were boosted elsewhere in the business, particularly with a 17 per cent increase in assets at LGIM.
Pension providers will have to offer customers advice or risk losing out to their rivals, say experts. In an attempt to offer the mass market an advice option, some providers have linked up with advice businesses and firms offering simplified advice, while others have created their own propositions. LV= will become the latest firm to […]
European changes to the Key Facts Illustration document will create “confusion” among borrowers and could prevent them from comparing deals from different lenders, say experts. The mortgage credit directive comes into force on 21 March 2016 and replaces the KFI in the UK with a new European standardised information sheet. The FCA has given lenders […]
Following a slightly shaky data story last week, Mark Carney has fuelled speculation that a May rate hike might be off the cards. However, Craig Inches, Head of Rates and Cash at Royal London Asset Management says whether or not this just turns out to be a seasonal dip, the bank shouldn’t be using this […]
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