PSigma Investment Management has appointed Seton Craven as investment director and Lisa Davies from investment manager.Craven joins from HSBC Investments and has more than 22 years of industry experience. Davies also joins from HSBC.PSigma now has an team of 13 investment managers.PSigmas Investment Management managing director John Howard-Smith says: Seton and Lisa were attracted to […]
ProVen growth and income VCT manager Beringea is aiming to raise 25m through a “C” share offer. The VCT aims to return at least 25p per 1 invested within 3.5 years of the offer closing, through a combination of tax-free dividends and a tender offer. This is intended to reduce the net cost of each […]
SG Hambros has continued its sponsorship of European Touring Car Championship winner and all-round speed freak Andy Priaulx pictured above in London’s Chinatown. The company has extended the Channel Islander’s contract until 2007. Priaulx recently won back the title, pipping rival Dirk Muller to the top spot.
Work and Pensions Secretary John Hutton has responded to the Turner Report, welcoming the broad framework of the proposals and emphasising the Government has ruled nothing out.Hutton told the House of Commons future Government policy will depend on meeting five key tests: personal responsibility, fairness, affordability, simplicity and sustainability.He committed the Government to producing a […]
Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]
Vanguard, the asset management giant known mainly for its passive offering, has announced a reduction in fees on its UK domiciled active fund range. Fees on Vanguard Global Equity and Vanguard Global Equity Income funds have been reduced from 0.60 per cent to 0.48 per cent per annum. The price of Vanguard Global Balanced fund, […]
Demand for advice is on the rise and every effort must be made to recruit more people into our industry. Not only are we set to face a busy period for investment advice in the run-up to Brexit, and in light of increasing trade wars and market volatility, but the demand for pension transfer advice […]
These companies should ensure their systems and controls address recent issues found by the regulator Last month, the FCA published its findings into a review of how principal firms in the investment management sector understood and complied with their responsibilities in respect of their authorised representatives. The firms covered a diverse range of regulated businesses, […]