The Close Brothers Aim VCT has raised 10m for its D shares. Close says it has been proactive in tackling liquidity issues in the fund, operating a buyback policy where it aims to uy back its own shares in the market for cancellation. The Nav of the D share portfolio has risen from 95p to 113p per share as at March 8.
Our client approached us, having been asked by her mother’s financial adviser to act as a trustee for a gift & loan inheritance tax scheme. She asked what responsibilities she would be taking on and whether she could agree and leave everything to her mother’s adviser.
The report of the Employer Taskforce on Pensions published in December 2004 resulted in positive comment from the usual pension organisations and bodies representing employers, such as the CBI and British Chamber of Commerce.
Independent financial advice rules, it always has and it always willIt was interesting to read Wai Man Cheung’s arguments recently in Money Marketing for giving up his IFA status in order to become a partner at St James’s Place Partnership.
Brown said the UK’s household savings ratio was four times higher than in the US and Canada but don’t be fooled. In all three countries, this is dangerously low and cannot possibly be enough to sustain people through retirement.
The Living Wage Foundation has announced that Johnson Fleming was accredited as a Living Wage employer earlier this month.
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