Witan would like to clarify that trust busters Laxey Partners is not on its shareholder register. Witan is continuing its sharebuyback programme as part of its commitment to managing its discount, which analysts say should deter abitrageurs.
Actuaries are urging employers and trustees to move to risk-sharing schemes to stave off a second wave of final-salary scheme closures to future service accrual.Speaking at the National Association of Pensions Funds Conference in Manchester last week, two senior actuaries warned of the likelihood of further final-salary scheme closures despite recent reductions in scheme deficits.Association […]
The retail distribution review is likely to call for a clear graded segmentation of advice from financial planner through to transactional-based advisers and down to a simplified advice service, according to the FSA.Speaking last week at a conference on the future of UK regulation conference, FSA director of retail policy Dan Waters said the RDR […]
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 […]
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]