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Consumer Panel wants "urgent" changes to annuity sales
- Monday, 09 December 2013
- Articles
The Financial Services Consumer Panel has called for urgent change in the "non-advice" annuity market which it says "does not work well for the majority of consumers."
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Jupiter chief exec Bonham Carter to step down in March
- Monday, 09 December 2013
- Articles
Edward Bonham Carter, the high profile group chief executive of Jupiter Asset Management, is to be succeeded by distribution and strategy director Maarten Slendebroek next March.
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L&G IM's Hodges to take on three more fixed income funds
- Friday, 06 December 2013
- Articles
Legal & General Investment Management (LGIM) has announced that fund manager Richard Hodges will take on the management of three Legal & General fixed income funds.
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Increase of 250,000 "oldest old" aged 85+ in a decade
- Friday, 06 December 2013
- Articles
Detailed analysis of the "oldest old" from the 2011 Census has revealed the UK has 1.25m people aged 85 and over – growth of nearly 250,000 in 10 years.
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AIC backs moves allowing VCTs to be bought via platforms
- Friday, 06 December 2013
- Articles
The Association of Investment Companies has welcome moves in the Autumn Statement that will mean Venture Capital Trusts can be invested in through platforms.
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Autumn Statement: Missed opportunities on pensions
- Thursday, 05 December 2013
- Articles
AXA Wealth says that the Chancellor could have done more to encourage pension saving in his Autumn Statement today to ease the pain of a higher retirement age.
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State Pension age may rise to 70 for younger workers
- Thursday, 05 December 2013
- Articles
Young workers in their early 20s may face having to work until they are 70 if the Chancellor announces a higher retirement age in his Autumn Statement today.
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Autumn Statement: Boost for ETFs as stamp duty axed
- Thursday, 05 December 2013
- Articles
Chancellor George Osborne surprised the City today in his Autumn Statement by scrapping the stamp duty on Exchange Traded Funds - among a raft of measures to boost business and investment.
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Morningstar launches ratings service for passive funds
- Wednesday, 04 December 2013
- Articles
Morningstar UK, the investment research provider, has launched qualitative research and ratings for passive funds due to growing interest in these types of funds.
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Equity funds top best-seller list for seventh month
- Wednesday, 04 December 2013
- Articles
The Investment Management Association says its monthly investment statistics for October 2013 show that equity funds were the best selling funds for the seventh month in a row, underlying a shift by retail investors towards equities.
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