Northern Rock made a loss of £724.2m for the first half of 2009 compared with a loss of £585.4m last year.
Vanguard Investments UK
FTSE Developed World ex-UK Equity Index Fund
UBS made a loss of £780m for the second quarter of this year.
The Chartered Insurance Institute has appointed Susie Feeney as key account relationship manager as part of the financial services business development team.
Zurich’s business operating profit has fallen 28 per cent over the first half of 2009 to £1.5m compared with the same period last year.
Steve Webb’s latest policy paper British savers risk being left in the ‘slow lane’ unless the UK Government takes a more active role in ensuring the successful delivery of a Pensions Dashboard. The report, ‘Pensions Dashboards around the World’, coincided with a major conference that was held on Monday 16 May and brought together experts […]
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Scotland has introduced a new set of income tax bands, but pensions experts warn that the changes could cause issues with pension tax relief calculations. In the Scottish Budget today, the Government announced a new starter rate of 19p and then a 21p rate for those earning over £24,000. The higher rate of tax is […]
The scramble to do as many defined benefit transfers as possible while values remain high is unabated, and I am constantly amazed at how some firms have thrown caution to the wind in the hunt for their share of this – admittedly lucrative – opportunity. The problem is that advisers are putting their profits before […]
The FCA working group tasked with setting a template for fund charge disclosure is considering whether one or multiple templates would be more suitable. The institutional disclosure working group, chaired by transparency champion Chris Sier, has been tasked with creating a new template for fund costs and charges following the package of remedies outlined in […]