08/21/2020
Over half of near-retiring Brits fear penniless pots
But fifth of 45-60-year-olds are not taking action to strengthen their income
Alternative Investments
08/21/2020
Amundi launches global equity fund aiming to fight inequality
The firm said it is the first global equity fund with an investment strategy that aims to combat inequality.
08/21/2020
UK:Risks remain for businesses reopening
The main risks that employees are concerned about are infection, social distancing and travel.
08/21/2020
Has the consolidation experiment failed?
More consistent service might not necessarily equate to better service either, all the while trying to negotiate the minefield that is merging cultures across the independent and restricted world.
08/21/2020
Adviser threatens to ditch Aviva platform over cheque dispute
Aviva had informed Mr Farrell it was no longer accepting cheques in an email to advisers in mid-March, but he said he had missed it as it “looked like just another sales email” and the ‘no cheques’ message was hidden in the “
08/21/2020
Octopus Investments launches £20 million joint fundraise for its AIM VCTs
The latest fundraising offers investors the opportunity to invest into both Octopus AIM VCT plc and Octopus AIM VCT 2 plc
08/20/2020
Macro hedge funds enjoy unlikely renaissance
Market volatility caused by the pandemic has been a boon for investors making big economic bets
08/20/2020
Baillie Gifford launches health innovation fund managed by AAA-rated PM
The Worldwide Health Innovation fund invests in companies tackling global healthcare challenges.
08/20/2020
Woodford investors to receive additional £183m
This will mean that a total of £2,450,413,385 will have been distributed to investors since the commencement of the winding up of the Fund.
08/19/2020
ASI shuts poor performing fund as backer exits
Small funds face a number of operating difficulties as they are unable to benefit from economies of scale.
08/18/2020
Phoenix Financial PR Again Shortlisted for Moneyage Awards
The Awards, celebrating excellence, innovation, and professionalism in the personal finance space, honour the providers and advisers
08/18/2020
World’s largest sovereign wealth fund reports $21 billion loss after ‘volatile’ first half of the year
It had 69.6% invested in equities, 27.6% in fixed income and 2.8% in unlisted real estate.
08/18/2020
Tiny trust bats off M&G takeover attempt
But the board of UK Mortgages immediately rejected the offer and M&G confirmed it did not intend to make another bid for the company.
08/17/2020
Amati Aim VCT PLC Triggers 'Over-Allotment' Facility to Raise Further £20M
The Offer is scheduled to close on 16th October but will close earlier should capacity be reached.
08/17/2020
JP Morgan defies all odds to dominate forex with a 10%+ market share
To harness this potential, it launched an eFX algorithm that seeks to minimize market impact on order placements.
08/17/2020
UBS beats Amundi as top European manager of retail investor assets
Swiss bank’s fund arm cements position as rival suffers large redemptions
08/14/2020
Taking up to 25% tax-free cash from a pension – what you need to know
We take a look at what you need to know about taking tax-free cash from a pension, and uncover some of the most common misconceptions.
08/14/2020
UK life insurers pay out $118m in three months over COVID-19 claims
Life insurers have been hit by the pandemic but their losses are being seen as limited.
08/14/2020
Wren Sterling gains £68m in Woking IFA acquisition
John deserves his retirement after many years of guiding clients
08/13/2020
Aegon profits up as platform rebounds
Net inflows into the business hit £2bn in the first half of this year, whereas in 2019 the provider saw net outflows of £1.9bn as the issues faced by advisers in 2018 started to take effect.