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.
IFA Arc Fund Management has bought Independent Investment Associates for 2.1m.
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 […]
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 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.
Holly Cassell, Assistant Manager of the top-performing Neptune UK Mid Cap Fund, discusses the potential near-term impact of Article 50 and the Brexit negotiations that she believes investors should pay most attention to. Read article here Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a […]
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The Government has confirmed that the pensions lifetime allowance will rise in line with inflation, but savers have been offered little else in the Autumn Budget today. The lifetime allowance will increase from £1m to £1,030,000 to match CPI from 2018/19. Though the maximum amount the can be saved each year into a Junior Isa […]
The Government has outlined a raft of measured designed to bring in an additional £160bn from tax cheats. The seven-year plan lists 18 different ways the Government is looking to raise the revenue. These include extending how long HM Revenue and Customs can go back in time to assess non-compliance for offshore tax evaders. Double […]
Chancellor Philip Hammond has announced the Government will today publish a ‘patient capital’ action plan that aims to unlock £20bn of new investment in UK scale-up businesses. A patient review was announced a year ago and was touted as part of the Government’s industrial strategy to increase productivity and drive growth through breaking down the obstacles […]