Investors waiting to withdraw assets from restricted life property funds have seen redemption delays cut significantly in recent months as the sector sees its first positive signs in almost two years.
Scottish Widows, which introduced a 180-day withdrawal delay on its Life Property fund in February, has cut the wait by half over the course of the year, noting a “major reduction” in net outflows. ...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till