News
Fidelity to compensate client for Sipp misinformation
The UK Pensions Ombudsman has upheld a complaint against Fidelity International for “significant distress and inconvenience” suffered by a client who was misinformed about holding investment trusts in her Sipp.
Investment | news 11 Apr 18
Equity volatility hits Artemis and Invesco bond funds
Sterling Strategic Bond funds with large allocations to equities have fallen from top to bottom quartile in the year to date, coinciding with volatility returning to stock markets after a buoyant 2017.
Fidelity steps up passives price war
Fidelity International has stepped up the passives price war with the launch of six low cost cross-border equity index funds and the reduction of pricing on three existing UK-domiciled index funds.
Women in drawdown £47,000 worse off than men
Women in drawdown face a 37% shortfall in their annual retirement income compared to men, leaving them more than £47,000 ($66,542, €53,935) worse off, according to a report from Zurich UK.
Parmenion and Sanlam launch onshore bond
Discretionary fund manager and platform provider Parmenion has partnered with Sanlam to launch an open-architecture onshore bond.