This was the rather bold statement made by Bill Gross, managing director at PIMCO, this week. PIMCO is the world’s largest bond manager, which means such a warning should be taken quite seriously.
The usual approach to the delivery of impartial independent advice is to provide what we refer to as “focused advice” A client may have an identifiable and pressing need or want.
The FTSE 100 index of leading UK company shares finished the week at 5,188.52, up 42.78 points or +0.83% on the day and down 114.47 points (-2.16%) over the week.
Informed Choice chartered financial planner was quoted in Moneywise magazine today, in an article about building a tax-efficient investment portfolio.
All financial transactions have advantages and disadvantages. Never buy a financial product unless you have had the disadvantages clearly explained.
The annual bonus rate for 1.5 million Standard Life With Profits policyholders has been frozen this year, following their bonus announcements this morning.
The FTSE 100 index of leading UK company shares finished the week at 5,302.99, down 32.11 points or -0.60% on the day and down 152.38 points (-2.79%) over the week.
Standard Life was on the receiving end of a substantial regulatory fine today, for publishing misleading literature about its Pension Sterling fund. Getting your understanding of investment risk wrong can have serious consequences if you are an investor.
The FTSE 100 index of leading UK company shares finished the week at 5,455.37, down 42.83 points or -0.78% on the day and down 78.87 points (-1.43%) over the week.
Informed Choice managing director Martin Bamford has been quoted in an article on Trustnet, exploring the reasons for investing in multi-manager funds.
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