Without any thought for the consequences, those who have never had to work for a living – you know, pick up a phone to earn a living, knock on doors, drive 250 miles on the off chance of a sale, sit with clients trying to warn them of the dire financial consequences of not having […]
Gordon Brown has closed the loophole that allowed ownermanagers of small businesses to avoid income tax by paying themselves dividends inst-ead of salary. Many IFAs see this as a “punitive measure” from the Chancellor, with Master Adv-iser managing director Doug Brodie arguing that the move could see many firms return to sole trader status, with […]
The ABI is keen to see debate over the best health funding strategy model for the UK heat up, believing that debate has been narrow so far. ABI head of health Richard Walsh says there is a different health funding system in force in every European country, all of which have their strengths and weaknesses. […]
Eagle Star is scrapping the reversionary bonuses on its conventional with-profits pension policies this year, Zurich has announced.But the company will pay a reversionary bonuses of 0.25 per cent for conventional with-profits life policies. Eagle Star's new annual bonus rate for its series 5 unitised with-profits fund is 1 per cent for life policies and […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses how the firm takes into account human behaviour when constructing their portfolio, specifically by embedding the idea of volatility targeting in all of their strategies.
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]