Resolution Asset Management is setting up two funds for its restructured European equities desk. Jon Fearon will manage the international pan-European fund while Ian Ormiston will run European smaller companies.
Skipton Building Society has launched two new capped rate mortgages.The new three and five-year base rate tracker capped mortgages are capped at 6.44 per cent and 6.49 per cent respectively.Head of lending Colin Dale says: “Our two new base rate tracker capped mortgages have two clear benefits – they give borrowers the confidence in knowing […]
FundsNetwork head of sales and marketing Rob Fisher “In principle, FundsNetwork is supportive of what Cofunds is saying. The ability to be able to advise clients to move their assets to where they want to have them is clearly an important thing. We are making progress on these areas. Slowly but surely, I think that […]
It seems that the Financial Ombudsman Service continues to fine advisers for shortfalls that are caused by regulatory-imposed projections, that is, that were imposed on the adviser and the provider by the regulator. The FSA may not now be continuing with this Lautro practice but the FOS still perpetuates this injustice. An example is the […]
Royal Liver’s chief executive likes to hit the heights in the Highlands when he is not busy taking the company back to the high ground of life and pension business with a tough modernisation programme which he believes puts the firm on course for continued success and he explains why the Royal marriage never made it to the altar. Interview by Will Henley
With volatility set to continue, Peter Saacke, manager of the Artemis Global Growth Fund, thinks stock-specific opportunities are on the rise.
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Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]