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FCA: Customers do not listen to drawdown information

Customers are going into non-advised drawdown regardless of the options communicated to them, according to the findings of a review by the FCA published today. The regulator assessed a sample of non-advised drawdown sales by firms covering approximately 74 per cent of the market by sales volume for the period from April 2015 to April […]

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Who topped Lifetime Isa sales in 2017?

More than 90,000 people have taken out a cash Lifetime Isa at Skipton Building Society since the product’s launch one year ago, making Skipton the most popular provider to offer the wrapper. The building society says the average amount invested in its Lifetime Isa in the first tax year since launch was £2,759, with 73 […]

Justin Cash, Editor of Money Marketing

Editor’s note: Asset managers had it coming

After months of waiting, the FCA has finally called the asset management industry to order. Last week, it set out a number of new rules to combat what it sees as an uncompetitive sector underdelivering for consumers. The lukewarm orders disguise an inconvenient truth for fund managers: they have had it far too good for […]

Global equity market views

Will Kenney, Senior Fund Manager presents the latest video update from our Global Equity team. Will discusses the economic factors that are emerging and how these are impacting their outlook. Watch the video here. Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed […]

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