IFA quote activity and applications for Pru Protect’s life cover, serious illness cover and income protection has trebled since it announced product enhancements last week.
The US Federal government is to launch another bailout initiative to help the American economy, this time for $800bn.
William Burrows Annuities director Billy Burrows has suggested that clients should consider taking out new-style variable annuity products in the pre-retirement phase.
Firms with business lines excluded under their professional indemnity insurance policy will now have to hold a minimum level of additional capital resources, according to the FSA.
Sentiment towards emerging markets is improving. Simon Edelsten, manager of the Artemis Global Select Fund, analyses if this a good time to buy back in or whether valuations are still too high? Click here for full article
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]