Hargreaves Lansdown’s Sipp has broken the 1bn barrier, netting 717m in the last tax year. Head of pensions research Tom McPhail says the figures prove personal pensions have largely been replaced by Sipps as the retirement vehicle of choice.
AXA Investment Managers (AXA IM) today announces the appointment of Martin Hall as head of AXA IM UK.
A change of view by HMRC means that advisers can consider again using absolute trusts for minors.
River and Mercantile Asset Management has launched the UK equity unconstrained fund, a concentrated portfolio of UK equities.
On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.
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The value protection brings in terms of peace of mind far outweighs the cost. But it does not always outweigh inertia. For instance, relevant life policies (when you qualify for them, say, as a shareholding director of an SME) deliver that peace of mind at a tax-reduced cost with tax-free benefits. Tick. As an employer […]
The Insolvency Service has banned three payday loan directors for using pension liberation money to pay off the company’s debt. Speed-e-Loans.com directors Philip Miller, Robert Alan Davies, and Daniel Jonathan Miller have been banned for nine, six and five years respectively. Their misconduct caused the loss of over £1.2m investors’ money. In July 2012, the firm’s […]
Asset managers could see the cost of analyst research averaging $10m for every $10bn of equity assets under management when the new Mifid II rules take effect in January. Under the new regulation, asset managers will be required to separate the cost of research from portfolio transaction costs. According to a survey by the CFA […]