Bradford & Bingley has completed the disposal of Charcol Aitchison & Colegrave and Charcol Holden Meehan to John Scott & Partners with the transaction becoming effective yesterday evening, 28th September 2004.
Shadow Financial Secretary George Osborne is blaming the Government's means tested benefits policy for a steady decline in saving. Speaking at a fringe event at the Labour party conference in Brighton he said the crucial answer to addressing the savings gap is tackling the spread of means tested benefits. Osborne blamed the Government policy as […]
IFAs have hit out at the direct marketing material that providers send to their customers, a survey showed.Research from National Savings & Investments found that almost half of all IFAs surveyed thought that providers did not understand client needs.Around 47 per cent thought that cross-selling to clients was inappropriate and that a 43 per cent […]
Type: OeicAim: Income and growth by investing in UK commercial property Minimum investment: Lump sum £90,000 Investment split: 26% offices, 23% retail shops, 24% industrial, 27% leisure Place of registration: Dublin Charges: Initial up to 2%, annual 1.25% Commission: Subject to negotiation Tel: 0141 306 7600
Well, this is the last installment of my consideration of unapproved pension schemes and how the rules for their taxation will change after A-Day. I have also touched on the fact that proper pension provision depends on a combination of: Investment selection and management, taking due account of appropriate asset allocation, diversification and correlation principles. […]
By Ali Unwin, head of technology sector research
Apple recently announced the highest-ever recorded quarterly net profit ($18bn), with the sale of 74.4 million iPhones helping the company deliver $74.6bn of revenue for the quarter ending December 2014. These sales were largely driven by strong demand for the new iPhone 6 and iPhone 6 Plus. Highlights included Chinese iPhone sales doubling year-on-year and unit growth of 44% in the US — supposedly a well-penetrated market. Apple ended the quarter with $178bn in cash on its balance sheet, having generated a staggering $30bn in free cash flow during the quarter.
At Neptune, we have been long-term believers in the Apple story, and continue to hold the stock in a number of our portfolios based on the company’s long-term growth prospects. This is predicated on our belief that Apple has proved thus far that it can — unusually for a consumer electronics company — maintain high margins for a sustained period of time, even as adoption of new technology slows down and competitors produce similar-specification products.
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