View the article online at http://citywire.co.uk/wealth-manager/article/a746447
Chatfeild-Roberts buys property for first time in more than 10 years
by Dylan Lobo on Apr 15, 2014 at 15:10
While Chatfeild-Roberts did not explicitly describe the pensions revolution as an opportunity for firms like Jupiter, he indicated the move potentially opens up a whole new client base.
'From our perspective, new legislation allowing pensioners to invest their own pension pot rather than purchase an annuity, impacted those of our equity managers who owned UK life insurance companies, as these share prices fell sharply,' Chatfeild-Roberts said.
'Longer term, we believe it is likely that pensioners will seek income-producing assets for their pension savings.'
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
Look up the funds
Look up the fund managers
On the road
by James Phillipps on Jul 23, 2014 at 14:34