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Savings, Pensions & Investments

Compensation nears

DWP accused of maldministration over pension change

Waspi
Women have led a legal campaign An inquiry has found that government officials delayed informing thousands of women they would be denied access to their state pension because of aRead More

Vehicles closing

Aegon shuts property funds over liquidity squeeze

Aegon
Aegon had hoped to reopen the funds (pic: Terry Murden) Aegon Asset Management is to close its Property Income fund and feeder funds permanently after being unable to raise theRead More

Spending commitment

Johnson says pensions triple lock ‘will be retained’

pension pot
Changes to pensions are being considered Boris Johnson is committed to retaining the “triple lock” on pensions, despite reports that the government wants to scrap the commitment. The promise toRead More

Advice offering

Johnston Carmichael Wealth partners Square Mile

Craig Hendry
Craig Hendry: confident Johnston Carmichael Wealth has agreed a partnership with City-based investment research and consultancy firm Square Mile to provide additional insight on the funds market. Craig Hendry, managing director of JohnstonRead More

Maladministration claim

Ombudsman leak raises hope for pensions women

Waspi in Linlithgow
Women Against State Pension Injustice campaigning in Linlithgow during 2019 general election campaign (pic: Terry Murden) Women who claim they have been unfairly affected by changes to the state pensionRead More

Investment

M&G property fund hit by £800m outflows

Money and property
Investments have been withdrawn from property fund (pic: Terry Murden) M&G Property Portfolio and its Feeder fund have been hit by a series of outflows since reopening for dealing last month. Trading inRead More

Credit call

Demand for controller to tackle spiralling debt

Marlene Shiels
Marlene Shiels: ‘tidal wave of debt’ (pic: Terry Murden) A credit union leader wants the Scottish Government to appoint a Financial Wellbeing controller to tackle spiralling personal debt. Marlene Shiels,Read More

Investment move

M&G Wealth hybrid service aims to fill ‘advice gap’

Richard Caldicott
Richard Caldicott: advice gap M&G Wealth is developing a “hybrid” advice service that will see human interaction underpinned by digital technology to help fill what it sees as an adviceRead More

Returns challenged

Aviva Investors shuts property fund over liquidity

Aviva
Aviva says conditions are ‘challenging’ Aviva Investors is shutting its £366 million UK Property fund a year after it suspended dealing, saying there is not enough liquidity to reopen it. The fund closedRead More

Investment gains

Tesla boosts Scottish Mortgage in strongest year

Anderson-and-Tesla
James Anderson: drove the investment into Tesla Baillie Gifford’s Scottish Mortgage Trust, best known for the retiring James Anderson’s spectacular gains on its early faith in Tesla, has posted itsRead More