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Experts warn of pensions brain drain as Webb and McClymont lose seats

The pensions industry is reeling after leading figures lost their seats, resulting in a pensions ‘brain drain’ in the House of Commons. Pensions minister and Liberal Democrat Steve Webb, shadow pensions minister Gregg McClymont, shadow Treasury minister Cathy Jamieson and work and pensions select committee chair Dame Anne Begg all lost their seats. Hargreaves Lansdown […]

HMRC takes bank bonus appeal to Supreme Court

The UK’s highest court is to hear an appeal by HMRC over two offshore schemes used by banks to shield staff payments from tax. The tax office will attempt to convince the Supreme Court that UBS and Deutsche Bank used the schemes to avoid tax in 2003 and 2004, the FT reports. Employees received shares […]

Martin Cholwill

Difficult backdrop, but market to grind higher

Senior Fund Manager, Martin Cholwill reflects on current conditions within the macro environment. He expects continued uncertainty in the UK economy and on the political horizon could provide a difficult backdrop, but remains positive that the stock market will grind higher. Read the article here Past performance is not a guide to future performance. The […]

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