We appear to have entered one of those periods when everyone questions Neil Woodford - previously seen most famously over Telecoms, Media and Technology and to a lesser extent banks in recent years.
These reverses seem to be a little more stock related than theme related. Underperformance of 4 per cent may not worry IFA supporters too much yet.
Mr Woodford takes recent criticism of his performance on the chin but says he believes the portfolio is positioned in the correct way given his concerns about China.
Royal London’s Steve Webb believes the DB transfer market has a lot further to run.
J.P. Morgan predicts a one in three chance of a Jeremy Corbyn government by the end of 2018 as it expects the current administration to fall over Brexit divisions.
Fidelity cuts its tracker fund prices to as low as 0.07% on external platforms.
FTAdviser also publishes ‘what you must know about the finance bill’ particularly the cuts to MPAA and the dividend allowance. Both measures were dropped from the previous finance bill due to time pressures in Parliament.
Standard Life merges its private client team with adviser operation 1825.
More than twice as many retirement pots have been moved into drawdown as annuities in the 6 months to March while two thirds took advice according to the latest FCA figures.
Bad news for those FSCS bills as three IFAs hit regulatory trouble over a bio fuels scheme based in Mauritius. Two are now in administration and the bill looks like £2m.
Daniel Godfrey launches the People’s Trust. Much expectation to live up to.
A Square Mile analysis of SJP funds finds some concerns about performance but it's actually quite a mixed bag of findings.
Yellowtail’s Dennis Hall warns of unconscious adviser bias picked up from some brief dips into Twitter. It can get pretty argumentative on there.
