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
Hart is a manager on the firm’s Equity Income, Focused Equity Income, US Value and Active Value strategies
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He has been the lead manager of the trust for close to 20 years
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‘We are facing huge societal challenges,’ warns David Lawrence
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If advisers haven’t reduced exposure to risk and volatility then the ‘horse has bolted’
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Critics argue the sustainable withdrawal rate is ‘meaningless’
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Richard Allison will be replaced by Lee Crowe
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‘Customers are being hampered by inflexible and infrequent payments and a lack of innovation’
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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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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 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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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.
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Fund manager Jim Stride has announced his retirement after more than 41 years in asset management and three decades at the helm of the Axa Distribution fund.
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