Old Mutual Wealth has reported a 16 per cent rise in year-on-year sales during the first quarter, from £3.9bn to £4.6bn, as assets on its UK platform hit £33bn. The firm’s interim management statement for the first three months of 2015, published this morning, reveals platform sales were up 15 per cent year-on-year to £1.45bn, […]
The ongoing economic reforms, continued loose monetary policy and a weak yen keep boosting earnings momentum across corporate Japan. The Japanese market gained further traction last week with the Nikkei 225 Stock Average closing above 20,000 for the first time in 15 years. Elsewhere the broader TOPIX index also surpassed its highest level since November […]
The highest earners in the country would lose out more on pensions tax relief under the Conservatives than the Liberal Democrats. Each of the major parties has indicated cutting the tax relief on higher earners following the general election. Scenarios modelled by Fidelity Worldwide Investment show someone earning £250,000 a year and making gross pension […]
With stock markets reaching new highs, many financial commentators share a common belief – global economies are on the road to recovery. Newton’s view of the world, however, is very different. For them, the upturn has been driven by government and central bank policy across the globe, rather than from any real economic recovery. They […]
With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.
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