‘Will the last one out of daily-dealt property funds, please turn off the lights?’: Industry reacts to latest closures
M&G and Canada Life have announced their intention to close UK property strategies in the last seven days
canada life
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Canada Life to shutter UK property fund after wave of redemptions
AUM has fallen to approximately £102m from £254m, leaving it ‘no longer commercially viable’
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Canada Life AM adds to distribution team
Paul Pugh joins as head of strategic alliances
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Is greenwashing a big problem for the financial advice market?
As HNWs admit scepticism and mistrust are preventing them from investing in green and social impact funds
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James Stoddart named head of distribution at Canada Life AM
With the asset manager also appointing a head of trading and director of global private debt
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Former CGWM head of MPS resurfaces at Canada Life
Jordan Sriharan has joined asset manager’s £3.4bn multi-asset team
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Canada Life AM slashes charges on £790m worth of bond funds by up to 40%
Canlife Corporate Bond and Short Duration Corporate Bond still more expensive than ‘leading players’ even after fee reduction
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Fifth of advisers don’t want younger clients
But majority would change their marketing approach to use more tech and social media
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Advisers caught between cost and compliance
As they look to technology to mitigate rising business risks
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Craig Rippe: Why bears are wrong on the Shiller PE ratio
Canada Life Investments multi-asset manager tries not to call the end of the cycle too soon
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UK wealthy pay less IHT than average
Government review recommends digitalisation and simplification of the system
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UK wealthy struggle to understand inheritance tax
More than two thirds of UK consumers with assets of more than £325,000 ($454,305, €370,339) do not know their estate may be liable for an inheritance tax (IHT) bill, according to research by Canada Life.
