Newton Investment Management’s global higher income fund has received an AA rating from Standard & Poor’s.
Disclosure documents designed to protect consumers often leave them more confused, Prudential managing director of UK life and pensions Gary Shaughnessy has claimed.
Tactica Fund Management is launching its three multi-asset funds on Cofunds.
Seventeen per cent of advisers will move to a sales model if customer-agreed remuneration becomes mandatory and 11 per cent will leave the industry, according to Standard Life research.
Despite predictions that a vote to leave the European Union would result in an economic apocalypse, UK equities have shown the market equivalent of a stiff upper lip: bouncing back, keeping calm, and carrying on. Although the road towards Brexit remains clouded in uncertainty, UK equities offer a range of opportunities to investors seeking returns […]
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National advice firm LEBC has acquired Bristol IFA Aspira Corporate Solutions for £5m in cash and shares. Aspira has nearly £0.5bn in assets under advice, 50 staff and more than 11,000 clients. Aspira chief executive Derek Miles will join the LEBC senior management team. LEBC says the acquisition will “increase turnover significantly”. LEBC chief executive […]
AJ Bell saw assets under administration increase by 25 per cent to £39.8bn in 2017 for the 12 months ending 30 September 2017. In 2016 AUA was £31.8bn. The business also reported a 29 per cent increase in profit before tax to £21.7m (2016: £16.8m). AJ Bell says the increase in AUA was largely driven […]