Scottish Widows has extended its pension portfolio and launched three new pension funds. The European Pension fund, the US Pension fund and the Japanese Pension fund each invest solely in their respective unit trusts.
Sun Life of Canada will repeat its parent company's act of altruism 50 years ago and donate £11,500 to 3 UK charities.SLOC will donate the money to Shelter to fund their free national telephone advice service, Help the Aged and St Martin in the Fields social care unit.The donation mirrors events in 1946 when SLOC's […]
Barclays is warning that consumer confidence in the housing market will continue to fall unless there is a further reduction in interest rates.The lender says that consumer confidence is an accurate predictor of market trends and it should lead to more subdued lending in coming months.It also says that the 16 per cent rise in […]
M&G's high yield corporate bond fund has raised £40m in its three week offer period with almost half of investors being new to the fund manager.M&G's head of corporate communications Tessa Murray says: "The combination of a lower-than-equities risk profile and a tax free yield of over 8 per cent has proved very attractive, particularly […]
Accountant Grant Thornton is warning fixed-rate mortgage buyers that they could be big losers if Britain joins the single European currency.If the UK joins Monetary Union, Grant Thornton says current interest rates of around 7 per cent will have to fall to around 4 per cent to be in line with the rest of Europe.Grant […]
By Felix Wintle, Investment Director & Head of US Equities The most recent communication from Federal Reserve chair Janet Yellen has put the market’s sights on September as the most likely month for the first rate rise. This is due to the stronger than expected economic data of late, particularly in employment and housing, which […]
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The Government says almost £5m was obtained by pension scammers in the first five months of 2017
Sales skills in themselves are not a bad thing. It comes down to whether they are truly being used for the benefit of the client, not the adviser.
The merged company owns three platforms: Parmenion, Standard Life Wrap and Elevate, but is promising to keep ring-fencing.