SVM co-founder Margaret Lawson retires
Neil Veitch has assumed the role of lead fund manager on the SVM UK Growth Fund
Retirement
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JP Morgan AM’s Clare Hart to retire
Hart is a manager on the firm’s Equity Income, Focused Equity Income, US Value and Active Value strategies
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‘We will miss his insights on the world’: Murray International’s Bruce Stout to retire
He has been the lead manager of the trust for close to 20 years
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Kingswood CEO: Consumer duty biggest regulatory challenge right now
‘We are facing huge societal challenges,’ warns David Lawrence
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How to help clients near retirement as Covid-19 spreads
If advisers haven’t reduced exposure to risk and volatility then the ‘horse has bolted’
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AJ Bell defends 4% ‘rule of thumb’ in decumulation launch
Critics argue the sustainable withdrawal rate is ‘meaningless’
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Brooks Macdonald director retires from Scotland office
Richard Allison will be replaced by Lee Crowe
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UK platforms failing to provide income to retirees
‘Customers are being hampered by inflexible and infrequent payments and a lack of innovation’
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FCA acts to stop drawdown retirees losing out
The UK’s Financial Conduct Authority (FCA) is planning to introduce “investment pathways” for drawdown retirees, in a move to prevent them from making poor decisions and defaulting into cash.
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RLAM pans income share classes for retirement
Royal London Asset Management has stated investors should invest in accumulation share classes for retirement income as the desperate search for yield pushes investors unnecessarily up the risk spectrum.
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Baillie Gifford to lose three senior partners
Baillie Gifford is set to lose three of its senior partners in April next year, including its head of Japanese equities Sarah Whitley.
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Old Mutual unveils offshore bond for UK market
Life insurer Old Mutual International has launched a new offshore bond in the UK aimed at savers caught out by cuts to the pension allowances.