Pensions industry shuns cash-poor millennials
Millennials have largely been left in the lurch by pension providers who assume they are too cash poor or disinterested to engage with investing for their future.
Analysis
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International savings plans key to Jersey’s flexible future
UK legislative changes have caused a fundamental shift in the types of pension products that can be offered by international finance centres, with the Jersey Pensions Association (JPA) promoting international savings plans as a solution.
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Brexit promise could see UK pensions raided
UK prime minister Theresa May shocked many political observers when she promised a £20bn ($26.4bn, €22.8bn) funding boost for the National Health Service (NHS) by 2023 last weekend raising the question of how to pay for it.
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Adviser profitability thrives in a post-RDR world
The good times are rolling for UK financial advisers, at least, that is, according to the Financial Conduct Authority’s recent Data Bulletin.
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Why are investors seeking out Russia?
With the 2018 World Cup underway, all eyes are on Russia. Having generated negative headlines in the international political arena, it is encouraging, and perhaps surprising, to see the ongoing scale of foreign investment in the country, says Elio Manca, managing director of ITI Funds.
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SJP unlikely to dump the Woodford gravy train
The partnership between St James’s Place and Neil Woodford is unlikely to end any time soon, despite many discretionary fund managers and platforms dropping the star fund manager for underperformance.
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Aussie Royal Commission: How did we get here and what’s next?
The Royal Commission has shaken consumer confidence in Australia’s wealth market to its core. For Michael Ohanessian, chief executive of Aussie platform Praemium, the key question is: “So, how did we get here?”
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Fund groups lacking dedicated A-share analysts
The inclusion of 230-odd China A-shares was a hugely symbolic moment for investors in the region but the fund industry has failed to get ahead of the curve with most firms lacking dedicated teams of analysts or products to invest in the asset class.
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Green funds struggle to detail environmental credentials
Environmental funds are blaming poor data on holding companies for their inability to report on environmental impact as the industry’s methodology for measuring green credentials throws up mixed results.
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Bankruptcy and divorce: What next for Boris Becker’s assets?
After former tennis star and bankrupt Boris Becker and his wife Lilly announced their separation following nine years of marriage last week, barrister Nicholas Fairbank looks at what the ramifications are for his finances.
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Europe bulls could eye UK on political shocks
UK equities could be a beneficiary of Spanish and Italian political turmoil, despite investors playing down existential risk to the European Union from the peripheral economies.
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What will become of DB transfer money?
The rather shocking news that broke earlier this week was that the number of DB pension transfers reached £20.8bn in 2017 prompting questions about where the money is ending up and whether many transfers are suitable.