Ukip wants to cut the state pension age to 65 as part of a swathe of promises designed to install better fairness to pensions. The party claims that increases in the age at which individuals can claim a state pension have unfairly impacted women and manual workers, in particular, so has instead devised a “retirement […]
Chartered firm Attivo will require all of its advisers and paraplanners to be qualified to level 6 by the end of 2016. The financial planning and investment management group is launching a training academy and will require all client-facing staff to do at least 70 hours of continuing professional development each year. Attivo currently has […]
Pension tax relief is set to take another hammering from reform-hungry politicians, with both the Conservatives and Labour setting out complex plans to cut allowances for people earning more than £150,000. Labour has previously come under attack from the pensions industry over its plans to taper away tax breaks for high earners. The proposals, which […]
Morningstar has downgraded the Old Mutual Global Strategic Bond fund from ‘Bronze’ to ‘Neutral’ following the announcement of Stewart Cowley’s upcoming departure. Cowley, who manages the £561m Old Mutual Global Strategic Bond fund, leaves in June and will be replaced on the portfolio by Christine Johnson and John Peta. OMGI chief executive Julian Ide says: “I am grateful to Stewart […]
Alex Ralph, manager of the Artemis High Income Fund, talks about high-yield bonds in the US and Europe – and why she favours the latter.
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