The US arm of Aberdeen Asset Management is to buy American fund management business Nationwide Financial Services.
A background in mechanics and accounting has helped the founder of IHT planning specialist Way Group design the sort of engineered strategies needed to mitigate against the tax in an era when booming house prices have pushed more people over the threshold. By Will Henley
Sam Shaw is a reporter on Money MarketingHaving returned from sunning myself on a very relaxing holiday in Ibiza, one week back at the MM offices soon beat the holiday vibe out of me.The blow was softened by a last-minute invite to the New Wembley to see England beat Russia in the qualifier on Wednesday […]
Trustees of schemes that have qualified for the Financial Assistance Scheme have been banned from buying annuities for their members by the Department of Work and Pensions.FAS-qualifying schemes will be stopped from buying annuities for nine months from September 26 to give the DWP time to work through the findings of the Young review which […]
Conservative Party leader David Cameron says he fully supports the way the Bank of England and the FSA have handled the Northern Rock funding crisis but says there are important questions which need answering.Speaking at a KPMG event this week, Cameron said the immediate priority was to reassure investors about the safety of their deposits […]
Jelf Employee Benefits explores the draft Income Tax (Recommended Medical Treatment) Regulations 2014 and why intervention is such an important aspect of absence management.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]