Hargreave Hale is offering a Sipp with no annual charge for active investors. Investors must generate over £250 commission a year to be eligible for the product. Pension admin will be outsourced to Dunstan Thomas.
Former Chancellor Lord Norman Lamont believes that IFAs have a crucial role to play in helping the public through the financial crisis.
HM Revenue & Customs will allow people with mortgages above 50 per cent on properties in a Sipp to remortgage without a tax penalty, according to the Association of Member-directed Pension Schemes.
The UK wrap market is oversupplied and new launches are unlikely this year, warns Standard Life head of communications Mark Polson.
Following the surprise return of a majority Conservative government, George Osborne announced that he will deliver a second budget statement on 8 July this year.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]