Newton has appointed Neiloy Ghosh from SG Asset Management to head its Japanese equities desk. Ghosh will also run the Japan fund.
Trust-based Sipps will continue to be prevented from holding protected rights, according to the latest Department for Work and Pensions update. But Sipp arrangements will be allowed to sit within the wrapper of an appropriate scheme without invalidating its contracted-out status.
Investec Asset Management has made three promotions within its fixed income team.Harsha Patel and Anna Lees-Jones have become co-heads of credit. Patel will be responsible for managing bottom-up credit selection while Lees-Jones will take charge of top-down macro credit decisions. They have 23 years combined experience in portfolio management. Kieran Roane has been promoted to […]
Meaningful guidance on the wholly and exclusively test is conspicuous by its absence
Witan Investment Trust is to pay a second interim dividend of 5p per ordinary share to be paid on April 3, 2006.This represents an increase of 2.3 per cent year-on-year in total and is in line with the board’s intention of growing dividend payments to keep pace with inflation. It makes a total annual distribution […]
Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]