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Standard Life launches manager of managers range

Standard Life has launched a suite of manager of managers portfolios onto its Sigma mutual funds platform.

Seven funds have been launched offering exposure to a range of regional equity and bond markets.

The selection of the underlying asset managers has been outsourced to US-based fund pickers Wiltshire Associates. The funds will be available within the Sigma investment bond, Isa and Peps, trustee investment pan and personal pension.

They carry a 4 per cent initial and the annual management fees range between 1.4 and 2 per cent.


PMPA is looking at the potential of becoming a lender

The Professional Mortgage Packagers Alliance announces it is in discussions with a number of providers looking at the potential of becoming a lender in its own right. This would be specifically driven to enhance PMPA’s range of services to mortgage intermediaries. Based on CML figures, PMPA contributes more than 25 per cent of non-conforming completions.PMPA […]

First State takes Aim

First State Investments is raising up to 20m for its Aim VCT, a venture capital trust which invests in the alternative investment market.

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]


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