The Association of Private Client Investment Managers is changing the model asset allocation for its FTSE indices to reflect a shift towards hedge funds in private client portfolios.
JOHambro Capital Management fund manager Willem Vinke is to leave the firm after six years.
Pearl has announced it is to merge its two life divisions, Phoenix and Pearl, in a move that could affect up to 300 staff.
The Association of British Insurers is warning that new European Union rules forcing providers to disregard pregnancy in the underwriting process could cause confusion and is calling for Treasury guidance.
Emerging market equities have rebounded following several years of underperformance on both an absolute and relative basis, yet most investors remain pessimistic and are significantly underweight the asset class. Read the full article here
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The Government says almost £5m was obtained by pension scammers in the first five months of 2017
Sales skills in themselves are not a bad thing. It comes down to whether they are truly being used for the benefit of the client, not the adviser.
The merged company owns three platforms: Parmenion, Standard Life Wrap and Elevate, but is promising to keep ring-fencing.