Retirees plan 3bn spending spree next April
An additional £3bn is expected to be spent by retirees on luxuries such as cars and holidays in the three months after April next year when the Budget pension changes come into effect.
An additional £3bn is expected to be spent by retirees on luxuries such as cars and holidays in the three months after April next year when the Budget pension changes come into effect.
Royal Skandia is to offer offshore bond holders access to structured products through a fund for the first time, following a tie-up with Investec Structured Products.
Two former Investec traders have lost a wholly incredible and baseless £6m bonus battle to their former employer.
Investec global head of client group John Green devises strategies that focus on cash flow and stability, rather than chasing market froth, to deliver long-term income to clients.
Reporting a 6% jump in operating profit for the year to end March 2014, Investec said its wealth and investment business grow just over 30%.
As western investors grow older, so asset allocators are going to need to go further afield for yield
Investec Asset Management said international interest for its range of multi-asset portfolios has driven it to strengthen its team with three new hires.
Over a third of people in the UK aged over 65 are failing to plan their inheritance because they feel care costs will leave them with nothing to pass on.
Investec Asset Management has expanded its European reach by opening an office in Italy.
Standard Chartered, the London-based, Asia-focused bank, today reported its first fall in full-year pre-tax profit in a decade, but some analysts said the news had contributed to a buying opportunity.
Investec Asset Management has joined FEIFA’s partnership programme‚ bringing the number of companies on the programme to more than 50.
Investec Asset Management has launched three funds into the international retail market.