Plans for a flat-rate state pension of £140 should be warmly welcomed. It removes concerns about Nest’s interaction with means-testing and creates a simple solid foundation for individuals to save more for their future. Important details of the reform still need to be ironed out but once again the Government must be congratulated for its pension proposals.
Darlington Building Society – 2-Year Discount Mortgage
Commerzbank Corporates & Markets has launched a Chinese equity fund through a joint venture with the Beijing-based China Asset Management. Managed by Michael Wen and Edward Wang, the Commerzbank China Volatility fund is a Ucits compliant Luxembourg Sicav, and invests in 30-60 Chinese companies using an all capitalisation investment strategy. The fund uses a mechanism […]
The Government is to create junior Isas which can invest in stocks and shares or cash offering tax-free returns with a contribution cap and no Government contribution.
Last week’s Westminster Hall debate and Treasury select committee hearing suggest there are a significant number of MPs with serious RDR concerns. The IFA community and MPs deserved better than the response given by Treasury financial secretary Mark Hoban during the debate. The comparison with a McDonald’s diploma in shift work was a deliberately antagonistic […]
Have you ever wondered what happens to someone’s investment bond on their death if it is not written in trust? When someone dies it is essential to deal with their estate, which can be made up of their home, belongings, investment bonds and anything else they may have owned. But, it is not as simple […]
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The Pensions Ombudsman and The Pensions Regulator have agreed to share information to increase their understanding of issues in the sector. The agreement follows the FCA and TPR announcing in February they will work together on a strategy to tackle risks in the pensions sector over the next five to 10 years. The agreement announced […]
Platform Alliance Trust Savings continues to be affected by staff departures as three senior executives are understood to have left the business. Money Marketing understands commercial director Ed Carey and customer services director Gordon Murray have recently resigned from their posts. According to LinkedIn, Carey joined ATS in 2016 as sales director before taking on the commercial […]