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Ukip rejects Farage’s resignation

Nigel Farage will remain the leader of Ukip after the party rejected his resignation. Farage announced he would step down on Friday after failing to win the seat of South Thanet, as he had promised in the run up to the general election. But Ukip’s national executive committee has “unanimously” rejected his resignation, saying the […]

Tilney for Intermediaries hires director from Cofunds

Discretionary investment manager Tilney for Intermediaries has appointed Mark Coles as director for financial intermediaries. Coles joins from Cofunds where he was head of business partnerships. Previously, he was head of business partnerships at Architas and investment strategy manager at Axa Wealth. In his new role Coles will report into head of Tilney for Intermediaries […]

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Major parties accused of using ‘made up’ tax avoidance figures

Labour, Conservative and Liberal Democrat politicians are using “made up assumptions” of increased revenue generated by targeting tax evasion and avoidance, according to the Institute for Fiscal Studies. Tackling tax evasion and avoidance has proved a huge part of this year’s election campaign since HSBC was found to be aiding clients of its Swiss private […]

Hugh Young

Hugh Young: Why Japan deserves another look

Spring is special in Japan. The blossom of cherry and plum trees invites viewings – or “hanami” – across the country. The tradition speaks to the country’s appreciation of nature and the passing of seasons. But as the Japanese economy picks up momentum, will this rebound prove as ephemeral as the spring cherry blossom? For […]

Investment

Monitoring your managers and the importance of mandates

The Prudential Portfolio Management Group (PPMG), Manager Oversight team has created a rigorous set of procedures to underpin the ongoing monitoring and management of the various underlying investments within the PruFund proposition. Adrian Gaspar explores. The primary role of the team is to ensure the continued suitability of underlying managers. They also assess whether the […]

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