Hamptons International Mortgages saw applications increase last year by 40 per cent compared with 2005. Its parent company Emaar recorded a record annual net profit of $1.74bn (890m), a 35 per cent increase on 2005.
The DWP has floated the idea of the private sector developing hybrid top-up policies to run alongside personal accounts.Speaking at a Social Market Foundation event in London last week, DWP chief economist Robert Laslett responded to concerns that low personal account contributions will become the norm by sugges-ting the private sector could construct savings vehicles […]
M&G saw record gross inflows of £13.5bn last year, up by 70 per cent on 2005. Retail fund inflows rose by 75 per cent to £6.7bn, supported by strong performance across its UK equity and property funds.
Richard Clark has joined Scottish Widows Bank has appointed Richard Clark as head of product development and marketing. Clark joins from Sainsbury’s Bank where he was head of marketing communications and will report to managing director Graeme Hartop.Clark replaces Murdo McHardy, who left to join Intelligent Finance in October 2006.He will be responsible for developing […]
Simon Hildrey says the new tax-efficient property investment vehicle introduced earlier this month is expected to become the most popular structure for property funds despite the high costs of conversion and continuing attractions of offshore funds.
Take a look at the trusts and trustee taxation video – The definition and classification of trusts. Once you’ve viewed the boxset, visit our Test Centre to test your learning and get your CPD certificate. View here
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The Government should consider allowing people to lower their contribution rates to 8 per cent under auto-enrolment to prevent a potential spike in opt-out rates over the next few years, AJ Bell says. Contribution rates are due to rise to 5 per cent in April this year and 8 per cent in April 2019 with […]
French asset manager Carmignac has called for more clarification on the new research costs rules under Mifid II as it claims rival firms have wrongly stated what the directive means for their business. Speaking to Money Marketing after an event in Paris, Carmignac managing director Didier Saint-Georges referred to asset managers as “cheeky” in their […]
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