Investment
Investment | 28 Mar 18
Allianz backed robo-adviser launches Sipp
Digital wealth manager Moneyfarm has launched a self invested personal pension (Sipp).
Reforms add shine to Indian equities
Government policies have boosted the appeal of Indian equities and the country’s interdependence from global trade risks makes it an attractive long-term bet, according to Blackrock.
Best Practice | 28 Mar 18
AJ Bell to compensate Sipp client for ‘significant injustice’
The Pensions Ombudsman has ordered AJ Bell to compensate a client for lost interest and pay him £500 ($709, €570) for “significant non-financial injustice” after the investment platform failed to notify him the interest rate of his account would drop to 0%.
Pension fund’s fee demands reassuring for advisers
A policy from the world’s largest pension fund to only work with asset managers that adopt performance-based fees should be reassuring for advisers even if they lack the scale to make same demands, Orbis UK head Dan Brocklebank has argued.
‘Safe sectors’ no longer safe, warns Pictet AM
Investors should stay away from what they perceive as “safe sectors”, such as consumer staples and telecommunications, as they have accumulated more debt, according to Shaniel Ramjee, London-based senior investment manager for multi-asset at Pictet Asset Management.