News
Retirement | news 19 Aug 16
UK savers taking ‘unsustainable’ rate of cash from pensions
Almost half of British savers withdrawing money from their pensions may be doing so at an unsustainable rate, according to analysis by asset manager Schroders.
Alternatives | news 19 Aug 16
Aberdeen to target alternative investments in Asia
Known as an emerging markets specialist, Aberdeen Asset Management has been diversifying into alternatives and intends to push this asset class and multi-asset funds in Asia, said Andrew McCaffery, global head of alternatives and group head of solutions.
Killik & Co confirms Dubai office closure
Wealth planning and investment management firm Killik & Co is to close its Dubai office, its only presence outside the UK, at the end of September and service all its global clients from the company’s London headquarters.
Technology | news 18 Aug 16
UK fintech start-up to launch straightforward robo-adviser
Robo-advice and investment service Munnypot said it plans to launch a financial advice service to the UK market in the autumn that offers straightforward advice using simple language.
Royal London posts strong growth as advisers help sales
Royal London, the UK’s largest mutual life, pensions and investment company, has posted strong growth in its pension and protection business driven in large part by sales to customers introduced by financial advisers.