UK economic growth in 2006 is expected to exceed the forecast of 2.5 per cent increase, says the Chancellor. He said it is more likely to be 2.75 per cent and rise to between 2.75 per cent and 3.25 per cent in 2007.
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HBOS rejects release over fears of family backlash
by Guy Anker
This week in Investment
Fresh from rebuffing rumours that they are interested in acquiring Credit Suisse’s multi-manager business, AXA Framlington has unveiled a major piece of restructuring and rebranding for its own multi-manager operation.
‘Change or face Armageddon’
Commission Round Table report by Sam Shaw
Split-cap levy on way for 2007/08
By James Salmon
Artemis Monthly Distribution Fund: positioning and outlook
Managers James Foster and Jacob de Tusch-Lec outline the fund’s investment approach and discuss current investment themes and outlook for the bond and equity markets. As James and Jacob confirm, the Artemis Monthly Distribution Fund’s aim is to generate an income from both equities and bonds. They explain their investment approach in each asset class, the sectors where they are […]
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Tenet woos bank and provider advisers with ready-made package
Tenet is looking to attract advisers from providers and banks with a new ‘business in a box’ solution. The network is vying for business from advisers who want to pursue the self-employed route in the simplest fashion. For example, the network will help the adviser set up their own limited company and provide loans for […]
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FOS penalises adviser over Harlequin Sipp property investment
The Financial Ombudsman Service has told Kingswood Financial Advisors to compensate a client over a Sipp investment in an unregulated Harlequin property fund. The case concerns Mr B’s complaints about the advice he received regarding two unregulated investments: one into a Harlequin property fund and the other into Green Oil. The ombudsman’s ruling relates to […]
Revealed: Fidelity International director investigated over harassment claims
A former Fidelity International female employee is claiming compensation against the asset manager following an alleged case of harassment from senior management, Money Marketing can reveal. The employee, who we will name Mrs A, and who used to be based at one of Fidelity’s offices in India, was sent an employment termination letter on 14 March […]