Premier Mortgage Service has appointed former Edeus commercial director Martin Reynolds as corporate manager. He will initially work on a short-term contract and his remit will include developing new income streams for PMS.
Santander is merging Cater Allen, James Hay and Abbey Sharedealing under the Santander Private Banking brand and Cater Allen managing director Richard Dunn has been appointed commercial director of the new structure with the task of finding a way to combine the three businesses.
Recent macroeconomic developments have created a supportive environment for commodity prices. Turmoil in global financial markets led to slower growth in the US economy, which in turn led to lower US interest rates and a weaker dollar.
By Steve Webb, director of policy In my recent discussions with advisers, a hot topic has been the growing number of people interested in transferring their defined benefit pension rights into a defined contribution pension scheme. With many pension schemes offering eye-watering transfer values, this is likely to be an area of increasing interest. Yet […]
Work and pensions select committee member and Labour MP Ruth George has called for the parliamentary pension scheme to divest from fossil fuels. The MP for High Peak put her name to the Divest Parliament pledge which is a cross-party campaign to clean up the investments in politicians’ pension schemes. MPs are automatically enrolled in […]
It was announced in last year’s Autumn Budget that, from April 2019, tax will be charged on gains made by non-UK residents on the disposal of all types of UK immovable property. At the time of the announcement, HM Revenue & Customs also produced a technical note setting out the scope of the new charge […]
O&M Pension Solutions has changed its systems ahead of an October deadline to help advisers meet new regulations around transfer value analysis reports. From 1 October, the FCA’s new rules mean transfer value analysis reports will be replaced by a combination of a “transfer value comparator” and an “appropriate pension transfer analysis” The transfer value comparator is […]