I did not think I would ever write this but I am really pleased that the Government decided to design and build a private sector funded pension plan. I know you all think that is a bit of a U-turn for me, what with all I have said about this proposal to build a national scheme of personal accounts, but I mean it.
The proposals concerning nonUK domiciled and non-UK ordinarily resident individuals made in the pre-Budget report last October generated considerable antagonism, debate and publicity. All that response has had some impact on the Finance Bill provisions reflecting these changes.
The world around us is changing at a faster pace than ever. Generations are changing and over the next five to 10 years the graduates who have grown up with Facebook and Twitter will start to lead corporate UK and expect modern technology as a matter of course.1
Fidelity created ripples across the asset management industry when in August it announced two 0 per cent AMC passive funds – one for US equities and one for global ex-US equities. Last week’s launch of two further, doubling its “zero funds” to four. The two launched in August that have already raised more than £770m […]
GAM has confirmed its internal investigation into the conduct of bond manager Tim Haywood was sparked by an internal whistleblower, in response to media speculation. Haywood’s suspension comes following concerns raised by the whistleblower and the internal investigation has since evolved and has “uncovered and identified” several potential misconduct issues. His suspension led to the group […]
AFH has bought the client portfolios of the Colwyn Bay office from the administrators of collapsed DFM Beaufort Securities. AFH is paying £250,000 for the client portfolios and the deal will add £130m in funds under management to the consolidator. As a result of the deal, Laurie Beevers and Andrew Jones will join AFH Private […]