In the early days of pension freedoms the influence of providers, rather the Government’s flagship Pension Wise service, is being brought to bear on savers. The latest Government figures show 1,800 people had booked appointments with Pension Wise, either over the phone with The Pensions Advisory Service or face-to-face with Citizens Advice, by the time […]
Advisers urged to reduce IHT bills through pensions.
Artemis co-founder Mark Tyndall is stepping aside as senior partner to take a non-executive role on 31 December 2015. Tyndall will remain a partner at the investment manager and retain “a substantial stake” in both the partnership and the funds that Artemis manages. Tyndall founded the business in 1997 with fellow ex-Ivory & Sime funds managers […]
Controversial payday lender Wonga has reported a pre-tax loss of £37.3m for 2014 after taking a £35m customer remediation hit following an intervention by the FCA. The firm’s full-year results for the 12 months to 31 December 2014, published today, reveal revenues plummeted 31 per cent year-on-year, from £314.7m to £217.2m, driven by a “significant […]
Since 2007, the sharp drop in interest rates has lifted the valuations of all assets, with the longest duration assets gaining the most. The UK’s decision to leave the European Union has caused another flight to “safety”, with a series of record lows in bond yields and record highs in bond prices. With the German […]
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