Schroders to merge UK fund duo
Schroders is to merge Richard Buxton’s UK large-cap fund into its UK alpha plus vehicle by the end of the year.
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AWD offloads two business strands as it commits to UK wealth management
AWD Chase De Vere is to offload its at-retirement and mortgage and loan arms as it commits to wealth management and consulting operations in the UK.
A&L penalty sends FSA fines up fourfold
FSA fines in the first 10 months of 2008 have nearly quadrupled the total figure for 2007, jumping from £5.3m to £20.5m, according to analysis by BDO Stoy Hayward.
PruProtect enhances product offering
PruProtect is making several enhancements to its existing product range to take effect from November 16.
‘Dabblers’ warned they will miss full benefits of equity release
Key Retirement Solutions says advisers should not see equity release simply as a “quick fix” to their businesses during the economic downturn.
Rise of the machines
Head of Sustainable Investing at Royal London Asset Management, Mike Fox, looks at the case for including artificial intelligence within a sustainable investment strategy. Read the article in full here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]
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FOS appoints former Which? boss to lead review into complaints failures
The Financial Ombudsman Service has appointed Money and Mental Health Policy Institute vice chair Richard Lloyd to lead an independent review into its complaints handling process. The former Which? executive director has been charged with producing a report into FOS’ practices after a Channel 4 documentary earlier this year suggested a number of failures at […]
Aberdeen Standard votes against ‘excessive’ pay at Persimmon
Aberdeen Standard Investments has voted against multi-million pound payouts for senior executives at housebuilder Persimmon. Persimmon held its annual general meeting today. There was a huge outcry at the end last year when it emerged the chief executive, chief financial officer and managing director of Persimmon were in line for huge pay packets as a […]
Tony Wickenden: Using VCTs and EISs in retirement planning
Consideration of non-pensions related tax-advantaged investment is becoming more necessary This week I want to take a look at where things stand in relation to pensions and planning using tax-advantaged investments following the Spring Statement. With the increasing impact of the lifetime and annual allowances, consideration of non-pensions-related tax-advantaged investments is becoming ever more necessary […]
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