Baring has launched its third long/short equity hedge fund, the EMEA absolute return fund, investing in Eastern Europe, the Middle East and Africa. It will be available to high net worth individuals from 1st November aiming to deliver returns in excess of 20 per cent a year with 15 per cent volatility, to be managed […]
Which? has published a book called Giving and Inheriting, aimed at flagging the deadlines for pre-owned assets tax.The book points out that even with modest earnings, as the IHT threshold is currently 275,000 increasingly more homeowners are at risk of bequeathing estates that will be due tax. POAT, introduced in April, aims to plug loopholes […]
The catastrophic effects of Hurricane Katrina is set to cost the insurance industry over 11bn, making it the second most costly hurricane in history. The figure is only eclipsed by Hurricane Andrew in 1992, when insurance claims reached over 12bn, according to a Swiss Re prelimin- ary estimate. The reinsurer expects its own claims to […]
The NSure IFA has, at the tender age of 22, already made a significant impact on the industry and the self-confessed computer nerd now wants to shake people out of their IT malaise and embrace technology, says James Salmon
A major feature of our articles is looking into the Jelf Employee Benefits crystal ball to predict changes and trends that may influence the short and medium term shape of UK employee benefits. By flagging such changes early we aim to provide our followers with the tools to make sensible and informed decisions on their benefits offerings.
The Pensions Regulator has appointed an independent trustee for the 15 schemes linked to the now shuttered Fast Pensions. Fast Pensions and five connected companies were wound up at the High Court in May. According to an Insolvency Service statement, it is estimated around 520 people were persuaded to transfer a total of at least […]
There are increasing hurdles to consider for advisers making the move to sell their business and trade under a new parent. Recent figures from Nucleus show advisers are shunning the idea of selling to consolidators, thanks to increasing examples of the process going wrong. Figures from a survey of around 200 advisers by the platform […]
The boss of Richmond House Wealth Management responds to Money Marketing columnist Paul Lewis’s latest article that questioned the effect of pension freedoms I am in the majority of advisers in that I am still, just, in my 50s. I therefore grew up with the Man from the Pru calling monthly to collect premiums, got […]