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News

Fixed Income

HSBC launches first UK retail Indian bond fund

HSBC Global Asset Management has announced plans to launch an Indian bond fund, giving UK retail investors access to the market for the first time.

clock 17 August 2012 •

uncategorised

Home downsizing issues buoying equity release

Retirees are becoming resistant to downsizing their homes and more open to equity release according to research from Just Retirement.

clock 17 August 2012 •

Regulation

Compliance officer banned over UCIS failings

A compliance officer has received a partial prohibition from the Financial Services Authority (FSA) for failing to prevent unregulated collective investment scheme (UCIS) mis-selling by one of his firm's directors.

clock 17 August 2012 •

Pensions

Suffolk Life revises SIPP due diligence guide

Suffolk Life has revised its self-invested personal pension (SIPP) due diligence guide after consultation with advisers.

clock 17 August 2012 •

uncategorised

Pension planning remains biggest advice driver

Pension planning is still the most common reason for seeking financial advice, with 32% of enquiries in July focusing specifically on retirement, figures from Unbiased have showed.

clock 17 August 2012 •

Wrap/platforms

Cofunds to offer access to DFMs for first time

Cofunds is to provide its adviser users with access to a range of discretionary fund managers (DFMs) via the wrap for the first time.

clock 17 August 2012 •

Wrap/platforms

Royal London profits slip in 'adverse' market

Profits at Royal London fell by 25% in the first half of the year as a slow market hit new sales and low interest rates affected revenues from customers' policies.

clock 17 August 2012 •

Europe

Finland prepares for euro break-up

Finland's foreign minister said the country is taking measures to prepare itself for a full-blown currency crisis in Europe.

clock 17 August 2012 •

uncategorised

Scottish Life launches drawdown-specific fund range

Pension provider Scottish Life is to launch five portfolios with varying levels of risk exposure designed specifically for clients in income drawdown.

clock 17 August 2012 •

Investment

High earners 'can't afford' pension contributions - Pru

A quarter of higher rate taxpayers are missing out on pension tax relief as they shun the product, Prudential research has found.

clock 17 August 2012 •
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