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Yorkshire and Chelsea merger talks

Chelsea Building Society is in advanced talks with Yorkshire Building Society over a potential merger. In August, Chelsea posted a £26m loss for the first half, making provision for a £41m mortgage fraud.

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Advisers wary of China choice

There has been a mixed response from advisers to the news of Anthony Bolton return to running money in a new China fund. Skerritt Consulting head of investment Andrew Merricks says: “It would not surprise me if IFAs thinking about going into China will do so now. e is a good manager but people hold […]

Sipps log

Billy MackayMarketing directorA J Bell As the Sipp market continues to grow, the strategic direction of others can be of great interest. Some look to muscle in with new Sipp products, some seem keen to dress up old products to look like Sipps in the hope that advisers don’t notice. Some are standing their ground […]

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]

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