UBS is to launch a 7.8bn rights issue. The fully underwritten rights issue will be offered to shareholders at a discount of more than 30 per cent.
When considering the new rules for UK-resident non-doms, we must remember that paying the £30,000 charge means that all income and gains arising abroad will avoid tax on the arising basis.
The Pensions Corporation is offering an insurance product to protect companies’ defined-benefit pension funds against longevity risk.
John Charcol has confirmed it is currently in negotiations with chief executive Ian Kennedy about his future role at the firm.
By Rob Burnett, Neptune’s Head of European Equities The Neptune European Opportunities Fund remains committed to a value bias. We see a broadening array of opportunities in diversified industries at compelling valuations today. The most complicated part of the market is the European banks. We are currently overweight in this sub-sector as many banks are […]
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