Old Mutual Global Investors and Jupiter are switching from dual pricing to single pricing across their respective fund ranges, while OMGI is also introducing a fixed ongoing charge for its single strategy UK funds. Both firms say the pricing changes follow reviews and are intended to standardise their approaches with the industry. Vanguard and Axa Investment Managers also […]
The Government has decided to delay its planned increase in national insurance contributions for the self-employed in a move welcomed by campaigners. Class 2 NICs were set to be abolished from next April, but the Government will now postpone the move for a year. The delay comes as campaigners had expressed concerns over the impact […]
Investec UK equities manager Alistair Mundy says retailers hit by squeezed households are one of the few sectors where Brexit could create opportunities for his special situations fund as he admits value continues to struggle. Retail figures released by the ONS today showed their first annual fall since March 2013, dropping 0.3 per cent. Real […]
Succession Group has completed the double acquisition of Accountants Financial Services (Scotland) and H&L Financial, adding more than £400m in funds under management to the business. AFS is based in Edinburgh and Glasgow and H&L, which is the holding company for Inspire Wealth Management, is based in Manchester and Stratford-on-Avon. Both businesses started working with […]
The introduction of ground-breaking pension freedoms in April 2015 has created some uncertainty for employees and employers alike, and they are looking for help. With further changed announced in the summer Budget, employees really need help to understand how the changes affect them.
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