A month after taking over the Artemis UK Select Fund, Ed Legget explains a (subtle) change in style; and gives his outlook for 2016.
Jupiter assets hit £36bn as it readies fund launches
Jupiter Asset Management has reached £35.7bn in assets under management after seeing £2.1bn in net mutual fund inflows in 2015. The asset manager’s results for 2015, released today, show assets rose from £31.9bn at the end of 2014. The firm saw net inflows of £2.1bn to its mutual funds, up from £1.4bn in 2014. The […]
Intrinsic bids for Tenet as Aviva eyes mortgage arm
Old Mutual Wealth-owned network Intrinsic has made a “non-binding” offer for Tenet as part of a possible break-up of the business, Money Marketing understands. It is believed Aviva – which already owns a 47 per cent stake in Tenet – has also tabled a bid specifically focused on TenetLime, the network’s mortgage and protection business. The […]
9
Rewriting the freedoms: Labour eyes regulation to strangle Osborne’s pension reforms
Jeremy Corbyn’s Labour party looks set to roll back key facets of the pension freedoms if it wins power in the 2020 general election. This week saw the long-awaited arrival of the Independent Review of Retirement Income from Cass Business School’s Professor David Blake, commissioned by former Labour shadow work and pensions secretary Rachel Reeves almost […]
7
Off target: Pressure grows on FCA over advice due diligence scrutiny
The FCA is facing pressure to ramp up its efforts to investigate advisers’ due diligence processes after almost two years of work culminated in a report just six pages long. The regulator published the findings of a long-awaited thematic review last week which revealed concerns advisers may be failing to adequately perform checks on the platforms […]
The decumulation challenge: why pension reforms mean added risks – as well as opportunities
Income drawdown has become an attractive proposition. But adopting a ‘decumulation’ strategy also carries risks. What are the risks advisers need to be aware of? Read the decumulation challenge. Click here to read full article
Newsletter
News and expert analysis straight to your inbox
Sign up
Phil Wickenden: The hard work others fear brings special results
You have to do hard things to be successful in life. The things no one else does. Why? Life coaches will tell you those are the things that define you; the things that make the difference between existing and living. This may well be true but if that does not float your boat, then American […]
LEBC: Women less likely to shop around for retirement income
Only a quarter of women are shopping around for their retirement income, according to national IFA LEBC. Customers of LEBC pension advice business The Retirement Adviser are far more likely to use its whole of market service to find the best retirement income solution if they are male. LEBC says the proportion of women using […]
The Wells Street Journal: Brexit Monopoly and teen dreams
A weekly account of the curious goings-on in the world of financial services A game of Brexit MonopolyLast week, in a foreign policy speech, Theresa May said Brexit negotiations were in their “endgame”. WSJ thinks this is highly unlikely, having heard that not even a quarter of European law has been rolled over yet. Wingate […]