“The Marching Band Effect”: Are we really as diversified as we think?

Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, says the financial market has experienced the 'Marching Band Effect' over the past few years, with the various elements moving to left and right together and feeling the risks as one, making the effect more dynamic.



Tom Baigrie: The income protection turnaround has started

Great news. Income protection – the most important yet least sold personal lines insurance policy in our market – was bought by 10 per cent more consumers in 2015 than in the previous year. Never mind the embarrassing base level; the turnaround has started. This has happened because a few passionate experts decided to ignore […]


The axe falls: Has the FCA gone far enough with ‘bold’ 1% exit fees cap?

The axe is falling on pension exit fees but the FCA and Department for Work and Pensions are coming under fire for bowing to industry lobbying. Last week the regulator announced the cap would be set at 1 per cent for existing customers, and banned outright for new business. The DWP has signalled it is […]


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