Profit warnings, trouble with pension freedoms and where to find investment income - here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...
Profit warnings Clients who rely on dividends may be in touch over news that UK-listed companies have experienced the biggest quarterly rise in profit warnings since the height of the credit crisis almost four years ago. The Sunday Telegraph reported that profits have taken a knock after volatility returned to global markets with a vengeance in the third quarter. According to the paper, a study by Ernst & Young, 79 firms posted a profits warning in the third quarter - 40% more than in the previous period. MORE...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
