Retirement | 22 Jun 15
ABI urges UK Gov’t to scrap pension advice safeguards
The Association of British Insurers (ABI) has urged the UK government to drop the need for pension holders with guaranteed annuity rates to pay for advice.
IDAD aims to grow African business with new hire
Investment Design & Distribution (IDAD), the UK-based structured products specialist, said it is looking to grow its business in Africa with the appointment of Graeme McCallion.
Investment | 22 Jun 15
Asset Allocator: Justin Onuekwusi
To some, employing a 32-strong investment team, including five economists, to run a suite of index funds may seem excessive. In the offices of Legal & General Investment Management’s
multi-asset arm, though, index investing is about more than just replicating the markets.
United Kingdom | 22 Jun 15
Fraudster jailed over UCIS scheme
Adam Hawkins has been sentenced to six years and nine months for losing investors £4.3m in an unauthorised collective investment scheme he operated through three land bank companies.
Vanguard sees growth in ETFs from advisers in post-RDR world
Growing demand from independent financial advisers in markets where the use of provider commissions has declined is helping drive growth in the exchange traded funds market, according to Nick Blake, head of retail at Vanguard Investments UK.