Another fee reduction after June cuts. In its efforts to maximize the returns for retail investors, Vanguard has cut management fees across 36 funds, lowering its average asset management charges to 0.2%.
Cazenove Capital, a Schroders Group firm, is taking its sustainable investing goals to the next level with the launch of five new actively managed sustainable model portfolios.
The liquidation of the international travel group has led to thousands of layoffs. Do Thomas Cook employees need to fear for their savings? The collapse of an international firm is likely to have ripple effects, affecting both its current and former staff.
But British expats are not sure whether countries in the EU have the authority to do that! A notion further strengthened by the fact that Switzerland, Scandinavia, along with 27 other countries are trying to identify the best way to handle their British expats.
The recipients of ‘final salary’ pension transfers received £40,000 more than participants opting for the same last year, finds a recent survey. Workers with defined-benefit pensions are ditching regular monthly payments for these lump-sum payouts across the country.
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