Leigh Himsworth is leaving his post at Royal London Asset Management to take up the role of head of UK equities at Gartmore. Although final details of his responsibilities have not been confirmed, he will have a number of fund managers reporting to him. The rest will continue to report to Dominic Rossi, chief investment […]
Aviva UK research has found that 50 per cent of women fail to spend any money on healthcare each month.
Barclays advised an elderly widow concerned about a fall in her fixed-interest bond to transfer her savings into a fund which could hold up to 40 per cent in equities despite her insisting she wanted capital security.
Twelve sale and rentback firms have changed or removed their adverts after the Office of Fair Trading challenged some of their claims.
Those with long memories will remember that in the run up to the 2010 general election there was much talk from the Conservative Party around a rather nebulous beast – The Big Society.
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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]