Forty-seven per cent of people eligible for NPSS would opt out,says a survey by JP Morgan Asset Management. Forty-nine per cent said they were unlikely to opt out and 4 per cent said they did not know.
I refer to your article in Money Marketing, 19 October, ‘Balls is set to axe ASPs’. Is it unreasonable to assume that ASPs will survive the pre-Budget statement which is expect- ed in December? One of the main objections to pension schemes that we encounter is a reticence to invest in them because death shortly […]
For the next Adviser Fund Index rebalancing on November 1, 2006, panellists are concentrating on both risk levels and individual fund performance. Ben Willis, investment manager and head of research at Whitechurch Securities, has made a number of fund changes in his AFI portfolios, each relating to risk. In the cautious portfolio, Willis is moving […]
M&G has taken in more net new money in the first three quarters of the year than in the whole of 2005, which was a record-breaking sales year for the firm. Gross fund inflows in the first nine months are up 78 per cent, hitting £9.98bn, compared with £5.6bn over the same period last year […]
HM Revenue & Customs says it will contact all clients receiving income from a retirement annuity who will be hit by changes to the way their annuities are taxed next year.
Paul Casson, manager of the Artemis Pan-European Absolute Return Fund, explains why he likes Irish housebuilders but is shorting banks – and how one Spanish TV company is going against media trends. Click here to read more
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]