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Taxpayer share in Lloyds falls to 32.7%

The sale took place overnight and was at a small discount to the bank’s closing share price of 77.4p yesterday. Selling at 75p per share meant that the government made

News , Property

Inflation could halve income in retirement

MGM Advantage analysed various retirement income options to see which could potentially offer the best way to counter the effects of inflation eroding your retirement income. By modelling four options;

News , Property

Income drawdown rates to rise in October

The GAD rate is directly relevant for the amount of income someone using drawdown to take their pension income can take. This means that from October the amount a 65

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End of the emerging markets affair?

Given recent investment flows out of the sector you would think so. Slowing growth rates and stubborn inflation have seemingly changed the outlook, at least in the shorter term. Yet

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August’s most popular funds

The most notable were speculation that the US Federal Reserve would start tapering in the US in September and how much of an impact the Syrian unrest would have. Both

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Top 20 funds since Lehman’s collapse

Over the weekend the news headlines had been dominated by the failed rescue talks for Lehman’s and they had declared bankruptcy. The unimaginable had happened and the US government had

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Investors still keen on emerging markets

There are no shortcuts to this and investors must utilise whatever data they can now and try to apply it to the future. At the moment, the talk has centred

News , Property

Are annuity providers ripping people off?

Annuity provider Aviva goes further and said it would like to see an extension so that all customers receive a fully underwritten annuity to ensure that they receive the correct

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AXA Wealth fined for poor investment advice

The failings put a significant number of customers at risk of buying unsuitable products. Many of AXA’s shortcomings only came to light during a review by the FCA. In addition

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Call for Bank to cap house price inflation

The Royal Institute of Chartered Surveyors has said a cap would prevent another housing bubble, reckless bank lending and a dangerous build up in household debt. The trade body said