New pensions minister Ros Altmann has outlined her priorities in her first public statement since entering Government. Altmann says her key focuses will be the state pension, auto-enrolment and safeguarding pension freedoms. She says: “As our population ages, it is more important than ever to help, encourage and empower people to plan and prepare for […]
At the beginning of the month, Nick and Martin Bamford caused amusement around the industry by announcing the launch of Informed Choice’s robo-adviser as an April Fools prank. What many in the industry might find scary, however, is that they are not too far away from the truth. The emergence of real robo-advisers is, in […]
Curtis Banks has begun trading on AIM, with a market capitalisation of £85m. The Sipp provider announced last month it was planning to float on AIM. It has raised £7.5m through the conditional placing of 3.9 million new ordinary shares at a price of 190p per share. Selling shareholders have agreed to sell 7.3 million […]
Labour has named Nottingham East MP Chris Leslie as its new shadow chancellor following the defeat of Ed Balls at last week’s election. Leslie steps up from his previous role as shadow chief secretary to the Treasury, in which he opposed Liberal Democrat Danny Alexander. Having previously represented the Yorkshire constituency of Shipley from 1997, […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses why it is difficult to keep a long-term perspective in short-term markets.
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