Fewer than a fifth (17%) of UK advisers think that clients who feel squeezed keeping up with bills and repayments would put any extra money towards their pension savings, research from Royal London has found.
Schroders has created a global head of strategy role, while Royal London has appointed a managing director of its Ireland business. Fidelity International is bidding adieu to a veteran portfolio manager, with Indosuez naming a new chief executive.
Royal London, the UK’s largest mutual life, pensions and investment company, has posted strong growth in its pension and protection business driven in large part by sales to customers introduced by financial advisers.
Schroders has appointed a head of investment trusts for its UK intermediary business, while three non-executive directors at Old Mutual Wealth are to step down. Royal London Asset Management has added four to its global high yield team.
Up to three million people of working age in the UK who plan to use the value of their home to fund their retirement could be headed for a shock, says Royal London.
With the Fed keeping rates on hold and sterling under pressure, it is a good time to look for dips in commodities and increase exposure to emerging market equities, says Trevor Greetham, head of multi-asset at Royal London Asset Management.
Set to lose its UK Smaller Companies veteran, Royal London Asset Management has nabbed a senior fund manager from Axa Framlington as a replacement. Legal & General has appointed a Mastertrust trustee and government committee member, while Mercer Jelf has named its new head.
To be introduced in the UK in April 2017, the Lifetime Isa (Lisa) is intended to incentivise people to save for their first home, their retirement, or both. But research published by the independent Pensions Policy Institute (PPI), sponsored by Royal London, compares the tax-free savings scheme with its international counterparts and highlights some challenges…
The Association of British Insurers (ABI) is best placed to drive forward the delivery of a pensions dashboard, including the possible creation of a prototype, it announced on Thursday.
Global growth is turning up and the economic outlook for the second half of the year is positive but the months ahead are full of potential pitfalls, said Trevor Greetham, head of multi asset for Royal London Asset Management (RLAM).
Royal London Asset Management (RLAM) has reported net inflows of £357m ($516m, €453m), up significantly from the £111m recorded in the first quarter of 2015.
A report from PwC suggests that pay and rations will change dramatically as our industry – and the pressures on it – continue to evolve.
