“Just Retirement Offers Simplified Advice Service”
aiming to provide a service for individuals who need advice on their retirement planning but have smaller pension pots. They will provide a telephone based advisory service which will include offering clients personal recommendations such as whether to keep their funds invested, take a lump sum or generate an income. According to Just Retirement Director, Stephen Lowe, the service is aimed individuals with “straight forward needs” . Fees for the service have not yet been disclosed.
Original article by Sam Broadbeck
“Uk Dodges deflation… but only for now”
The Consumer Price Index stayed at 0% last month following the surprise drop from 0.3%. But concerns are arising from low clothing prices and weak food prices, dragging the core inflation level lower. It dropped to a nine-year low in the latest data from the ONS. This could mean that consumers see a clear improvement in their purchasing power of the next few months.
Original article by Laura Suter
“Private Equity Firms eye £100m 7IM”
The wealth manager and asset management firm founded in 2001 by Justin Urquhart Stewart and Tom Sheridan was reported to be looking into a potential sale in February. Originally it was valued between £50m and £60m but it could be valued significantly higher at £100m and above. The firm initially began with a handful of employees, has now grown to around 170 with £8bn of assets.
Original article by Tessa Norman
Articles originally published in MoneyMarketing magazine 16th April 2015