Progeny Asset Management, the investment arm of wealth manager Progeny Group, has launched a multi-asset exchange-traded fund (ETF) for investors seeking "efficient upside exposure and yield".
‘Optimised Passive Income 60/40' is available via advisers only, not direct to clients and has an all-in fee of 0.96%. It is designed for investors who wish to have exposure to a range of global asset...
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
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