Contemplating his imminent retirement on 31 March, Sifa chairman Ian Muirhead is in a jovial mood. “My ‘best before’ date is now behind me and I have reached my ‘sell-by’ date,” he jokes. “I’ve been relaxing my grip on Sifa for some time, which makes it easier now to withdraw. Friends who have retired tell […]
New requirements on costs and charges disclosure are giving advisers a headache. It is no wonder some advisers have re-named the aggregated information on costs and charges they must present to clients under Mifid II “aggravated” information.It is a headache on many levels, not least a lack of understanding, a lack of information, a lack […]
The Department for Work and Pensions expects to spend £96.6bn on the state pension in 2018/19, a 3 per cent increase on the year before. The DWP has detailed its cost estimates in a memorandum sent to the work and pensions select committee, published on its website yesterday. The latest forecast for state pension costs […]
A former Fidelity International female employee is claiming compensation against the asset manager following an alleged case of harassment from senior management, Money Marketing can reveal. The employee, who we will name Mrs A, and who used to be based at one of Fidelity’s offices in India, was sent an employment termination letter on 14 March […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses why it is difficult to keep a long-term perspective in short-term markets.
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