Twenty-seven per cent of trustees with defined-benefit pension schemes in deficit believe the schemes will still be in deficit in 10 years time, according to a survey by Aon Consulting.
US fund management giant Federated Investors has emerged as one of the frontrunners in the 550m auction of Artemis. It is believed a deal will be announced within weeks.
Compliance expert Bill Warren has started a new consultancy providing compliance support for financial services companies.
Net mortgage lending dived by 40 per cent in April to 666m from 1.1bn in the same month last year, according to figures from the Building Societies Association.
In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]
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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 […]