Conservative shadow chief secretary to the Treasury Philip Hammond claims if Government ministers were subject to FSA regulation they would be jailed for some of the promises they have made over personal accounts.
Income has always been a popular part of investing and the surprise 1.5 per cent drop in UK bank rate has certainly made achieving it a lot harder, that is without accepting some risk to capital.With clients, advisers and fund professionals all wondering which way the equity market will go day by day, investing in […]
Independent valuers Cairn Capital will be holding a conference call for advisers to answer questions on their valuation of the AIG enhanced fund assets.
Association of Private Client Investment Managers and Stockbrokers chief executive David Bennett is calling for a halt to any new regulatory initiatives.
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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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]