Skandia Investment Management is set to launch a global best ideas fund this summer, which the group says will aim to take the 10 best ideas from 10 of the world’s top fund managers and put them into a single fund.
Bankhall has sold its commercial general insurance arm UKGI to Total Broker Solutions to focus on its core markets of directly regulated mortgage, life, pensions and investment. The agreement brings a reciprocal agreement for TBS to provide Bankhall members with commercial GI services while TBS’s 350 brokers will get compliance support from Bankhall. Head of […]
House prices in rural areas are significantly less affordable than in urban areas according to the latest Halifax English Rural Housing Index.Research found that the average property price in rural areas is 6.7 times average earnings compared with a ratio of 5.6 in urban areas. First time buyers account for only 24 per cent of […]
By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]
The total value of pension transfers fell from £10.6bn in the first quarter of the year to £8.2bn in the second quarter, the latest figures from the Office for National Statistics show. According to AJ Bell, this is the first drop in value of pension transfers since the second quarter of 2016. The figures coincide with […]
Investors in value stocks and sectors will see value investing pay off if the UK is able to negotiate a soft Brexit deal, according to experts. Speaking at a Money Marketing Wired debate this morning, part of The UK Edge, investment specialists touted the benefits of the overlap between growth investing and value investing as market […]
As legislators and regulators across Europe – Brexit bit between their teeth – are poised for all sorts of eventualities, advisers can at least rest assured change is the constant on which they can depend. But in the midst of seemingly constant flux, it can become easy to bow to what is insisted upon and […]