News

Sarasin & Partners' Guy Monson has warned sterling's recent show of strength against the euro could be about to end, as ECB intervention draws near and the UK's QE policy weighs on the pound.

Henderson's Richard Pease has predicted a ‘stampede' into European equities as soon as the government bond bubble bursts and investors begin demanding better real returns.

Barclays has made its GlobalAccess multi-manager fund range available to advisers through two major platforms, and hopes to launch on the remaining large providers by the end of the year.

Financial services firms have warned the cost of complying with regulations after the Financial Services Authority is split next year could rise by 20%, according to a survey by consulting firm Protiviti.

Adviser and SIPP provider Mattioli Woods said the acquisition of Kudos Independent Financial Services 12 months ago helped boost its full-year wealth management revenues by almost 50%.

Liberal Democrat leader Nick Clegg will argue for a "time-limited" extra tax on the UK's wealthiest people as politicians reconvene after their summer breaks.

Dentons Pension Management has enhanced its web portal to give advisers 24 hour access to client portfolios.

The Spanish region of Catalonia has asked the central government for a €5bn pay-out to help the struggling region, amid the country's latest GDP data showing it is in a deeper recession than feared.

Scottish Widows Investment Partnership (SWIP) is set to continue its graduate programme but has halved the size of its intake.

Retirement Planner's round-up of the top pension stories this week.