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Jim O'Neill

Jim O’Neill to lead Govt devolution plans

Former Goldman Sachs chief economist Jim O’Neill is to be made a peer and will help shape the Government’s devolution plans as commercial secretary to the Treasury. In a speech in Manchester yesterday, Chancellor George Osborne announced O’Neill – who coined the term Brics to describe emerging economies – would be placed “right in the […]

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George Osborne re-appointed as Chancellor

George Osborne is to retain his position as Chancellor of the Exchequer in the next parliament, Prime Minister David Cameron has announced. Osborne has held the role since the Conservatives returned to power in coalition in 2010, and his appointment is the first word from Cameron on the make up of a Conservative government since his […]

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Advisers slam Now: Pensions over £500 employer exit fee

Automatic enrolment provider Now: Pensions has come under fire for hitting employers with an exit fee if they choose to switch to a different scheme within two years. Under scheme rules in place since it launched in 2012, employers who decide to switch provider within the first 24 months have to pay a fine depending […]

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Record inflows push Axa Elevate to £10bn

Record new money in March has helped push Axa Elevate’s funds under management to £10bn, Axa Wealth’s quarterly results show. The platform saw £534m of new assets in the first quarter of 2015, with funds under management rising 26 per cent year-on-year, from £7.9bn in 2014 to £10bn. An 8 per cent increase in pension […]

State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]

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