Prudential has announced that it is reducing final bonus rates on its with-profits policies in response to the sustained downturn across world markets and the continuing poor investment environment.
Investors should avoid government-influenced bank stocks due to a lack of dividends and an expected exodus of talent, says New Star global financials fund manager Guy de Blonay.
The new Lloyds Banking Group is starting to take shape although it will not formally exist until January. So far, we know that it has a rather unoriginal name which speaks volumes about where power will lie in the new operation.
IFA Promotion has voiced concerns about a website which ranks regulated financial advisers according to reviews given by users.
James Dowey, Chief economist & CIO In these very early stages following the “Leave” win any prognosis is by its nature highly tentative. It will be weeks before we are able to measure the acute impact of the result on the UK economy, and there are clearly no close historical parallels on which to base […]
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It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
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