Zurich has added 27 funds to its pension fund range, bringing the total to over 100. Funds from 10 new companies are now available, including Invesco Perpetual, Artemis and New Star.
Investors do not realise that they can have a say over how commission is allocated, according to a free guide from Investor Connections. Managing director Matthew Morris says investors begrudge paying commission of 7.5 per cent on investment bonds but few realise they reach an agreement with an adviser. The guide, The Generosity of Insurance […]
Former Scottish Life sales director Jim Gilchrist has died of a heart attack at the age of 63. Gilchrist retired from Scottish Life in 2003 after 35 years with the company, joining in 1968 as a Glasgow branch manager. Known as one of the industry’s personalities, Gilchrist took a keen interest in financial services issues. […]
Octopus Asset Management is looking to raise up to 60m for its twin structure venture capital trusts, Eclipse 3 and 4 VCT.
Clerical Medical financial services sales director Graeme Riddoch is moving within the HBOS group in a restructure of the intermediary division. The review was instigated by Clerical parent firm HBOS which has changed Riddoch’s former role. Clerical director of market development Keith Gilmour will take on Riddoch’s workload in the new role of director of […]
Jelf Employee Benefits closely examines healthcare provision and challenges within Nigeria. This will be of particular interest to HR decision makers with employees based in Nigeria, and assesses the environment, risks, facilities and safeguards that are relevant to organisations that are actively deploying expatriate staff in this location.
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]