Aifa and AMI chairman John Gummer declared that housing inform-ation packs were a “load of old rubbish” at the AMI annual dinner last week.If Gummer (pictured left) was referring to home information packs, then the assem-bled masses in the audience were in raptures at the comments although although nobody could say what the mysterious housing information packs are.
Last week was certainly a rollercoaster ride for those in equity markets. Risk is suddenly on everyone’s lips.
US alternative investment firm Farallon is looking to invest in Sesame parent Misys and is undertaking due diligence, Money Marketing understands. California-based external management consultant Paulette Thomas is conducting analysis of Misys and its value potential. Investor Ashish Pant is heading the initial analysis for Farallon, which has $12bn under management. In April, Misys abandoned […]
The first Socially Responsible Investment (SRI) exam for financial advisers is now available online.The course and exam will be available to all advisers, regardless of their previous knowledge of SRI. It is launched by economie, the international organisation who work to promote and develop SRI worldwide. The Kitemark exam is moderated by Bournemouth University.Ecomomie believe […]
I was disappointed by Ian McKenna’s review of wrap offerings in the e-commerce supplement. He does not distinguish between platforms which offer a wide range of investment funds, such as Cofunds, and true wraps, such as Transact, that allow any investment as long as it is quoted on a stockmarket. There is a world of […]
We are living longer and retirees are no longer required to buy an annuity. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham explores how changes to pensions freedoms are expected to impact the demand for income. Click here
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A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source