IFA Cavanagh Group has appointed Ian Henson as finance director. Henson was previously chief financial officer of the locore group. He also worked as finance director for Kalamazoo Motor Trade. Henson has worked with Cavanagh on a consultancy basis since November last year but is joining on a permanent contract.
Cornelian Asset Management, formerly Noble Asset Management, is entering the retail market with two Oeic funds which use the same investment process as its discretionary portfolios.
Alliance & Leicester is running a 5m TV advertising campaign. The ads will focus on the banks loans, current account and mortgage campaign, with the first months spend amounting to 1.5m. McCann Erickson Central is the lead agency.
Skandia Investment Management
European Equity Blend Fund
Simon Hildrey says the Budget produced a worrying development in the onslaught on CGT mitigation.
Targeting annuity purchase in lifestyle strategies isn’t anything new but we’ve just lifted the bonnet and injected an enhancement shot into the end-point of these solutions. The recent volatility has shot short-term volatility into equity markets and painted a very turbulent backdrop but we’re also equally faced with a stressed fixed interest environment. This can […]
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]