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£1.66Bn harvest for agriculture fund

Schroders has soft-closed its agriculture fund after strong investor demand. The fund, which uses futures, launched in October 2006 and is £1.66bn in size.


Inflation for pensioners double national rate, says Newcastle Building Society

Inflation for pensioners will reach 7 per cent in 2008, more than double the estimated national inflation rate, according to Newcastle Building Society Equity Release Service.Its research predicts fuel and food will be the biggest contributors with fuel rising by 15 per cent and food by 12 per cent. The Government’s pensioner’s price index shows […]

Purnell takes over Work and Pensions

Former Culture Secretary James Purnell has become the fifth Work and Pensions Secretary in three years following the resignation of Peter Hain.Hain quit the Cabinet last week after his late declaration of £103,000 in donations became the subject of a police investigation.Purnell was minister for pension reform before becoming Culture Secretary in Prime Minister Gordon […]

Hightree Financial Services…

Hightree Financial Services employee Keith Galgut was a happy man last week after walking away with a Toyota Prius hybrid car courtesy of Schroders, which ran a competition last September to mark the launch of its climate change fund.

Auto-enrolment: tips for employers

The Pensions Regulator (TPR) has released advice on communications for employers, including three tips to help you with your auto-enrolment duties. 1. Allow enough time to select your pension schemeIt’s recommended that you start to prepare for auto-enrolment at least 12 months in advance of your staging date; additionally, give yourself time to choose the […]


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