Advisers have rallied behind Hargreaves Lansdown head of research Mark Dampier after a spat developed between himself and cru chairman Jon Maguire.
Leading advisers have warned that advisers must be able to justify the sale of high-commission with-profits bonds as evidence suggests sales are rising substantially.
It is 10 years since Daniel Godfrey took over as director general of the Association of Investment Companies. In the world of investment trusts, this may not seem like a long time, after all, the first one, Foreign & Colonial Investment Trust, was established in 1868, and the trade body, the Association of Investment Trust Companies was set up in 1932. But in terms of a career, 10 years is a considerable length of time, particularly given the challenges that investment trusts have faced during this period.
Invesco Perpetual has hired Tim Dickson as fund manager within its Asian equities team in Henley. Dickson joins from Scottish Widows Investment Partnership where he was investment director for the global emerging markets and Asian desk. He was portfolio manager for a number of Asia (ex Japan) funds including segregated and standalone mandates and since […]
Position Portfolios for a Changing China, Accelerating Disruption and More Political Discourse Is China an asset class? Why Investors’ Understanding of China is Changing How is disruption changing the way we invest? Established Ways of Doing Business Are Being Challenged What to Watch: Why politics matters more than ever in 2017 Key takeaways: Despite volatile […]
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Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]