07/08/2016

Property funds in ‘vicious circle of redemptions’

Fund groups say that while suspending trading does trap investors’ money, it also helps to ensure that those who cash out of the funds early do not leave the rest of the investors to bear the burden of price falls in the market.

07/06/2016

L&G exceeds £200m of lifetime mortgage sales

The firm also posted total bulk annuity, individual annuity and lifetime mortgages sales of £4bn over the same period, despite financial turmoil in the wake of the EU referendum.

07/05/2016

Consolidator serves up £10m revenue surprise

The period under review represents the first full year of trading for Tavistock as a financial services group and Group performance has been substantially ahead of market expectations.