Association of British Insurers director general Stephen Haddrill has claimed Prime Minister Gordon Brown’s plan to cut taxes will increase the pension savings gap.
Adviser Fund Index panellists cut the British equity weighting in the Aggressive index by 7 per cent at the latest rebalancing. The allocation fell from 35 per cent to just 28 per cent on November 1, despite the addition of several British funds, including Cazenove UK Absolute Target.
Inflation dropped to 4.5 per cent in October, down from 5.2 per cent in September, a larger than expected drop.
The regulator has told mortgage advisers to check their basics before looking at alternative sources of income.
US rate rise: A new era to buy and hold quality By Felix Wintle, Head of US Equities Watch Felix Wintle discuss the US’s first rate rising cycle in a decade and why he believes a focus on quality stocks will be key for outperformance in this environment. In the video Felix discusses: The impact […]
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