Leader of the opposition Michael Howard has waded into the increasingly heated row over compensation for the 60,000 pensioners whose funds have been wound-up. He is calling for the Prime minister to make a personal intervention.
Close Fund Management has teamed up with hedge fund specialist Man Investments to offer the Close Man hedge fund, a capital protected fund of hedge funds. This Guernsey-domiciled product is available to investors with a minimum of £10,000, which is low for a hedge fund product. It aims to provide a return of between 13 […]
”If you don't shut up, I will kiss you.” – NU Healthcare PR Lorna Wiltshire threatens Lifesearch's Kevin Carr. ”Compulsion – I think we will get that at the same time we find weapons of mass destruction.” – Sofa chairman Nick Bamford. ”I will be celebrating my birthday at a conference in Manchester with 2,000 […]
Still on the trail of identifying key issues emanating from this year's Budget and Finance Bill, I would like to turn my attention to the introduction of a minimum rate of corporation tax in respect of profits paid out as distributions (usually in the form of dividends) to other than corporate shareholders, in most cases, […]
There has been an active debate about the price cap on stakeholder pensions and Sandler products – should it stay at 1 per cent or should it be increased? Whatever the outcome, one thing is clear – people are not saving enough to secure their own financial futures. In the short term, this is painful […]
Jelf Employee Benefits has launched Jelf AEase, an enhanced auto-enrolment (AE) service aimed at companies with fewer than 50 employees that are due to stage from August 2015.
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The government is boosting its income from inheritance tax bills because advisers may have failed to communicate the full advantages of new exemptions. Speaking at a seminar yesterday morning, Prudential senior technical manager Graeme Robb pointed to the rise people affected by the increase in the residence nil rate band to £1m for married couples […]
National advice firm Foster Denovo has poached former Towry M&A head Henna Fry to lead its acquisition strategy. Fry played a leading role in the sale of Towry to Tilney Bestinvest before leaving her role in 2016 to become an independent consultant. She will take on the newly created role of head of corporate development […]
The Financial Ombudsman Service has appointed Money and Mental Health Policy Institute vice chair Richard Lloyd to lead an independent review into its complaints handling process. The former Which? executive director has been charged with producing a report into FOS’ practices after a Channel 4 documentary earlier this year suggested a number of failures at […]