Conservative shadow chancellor George Osborne has written to the chancellor Alistair Darling calling on him to halt the tax exodus of UK companies.
Premier Asset Management has appointed hedge fund specialist Chris Wright to its premier dividend fund.
Ever since I began writing for Money Marketing many years ago, one word has featured in almost every serious discussion about financial services – trust.
Congratulations on your appointment and your first wise decision to put back the next deadline on the retail distribution review so you can have a few weeks to get to grips with a subject that your predecessors have failed to work out these past 27 regulated years. Actually, that is a bit unfair. They did once get to grips with it with a concept called polarisation but they were lobbied into scrapping that with a move called depolarisation, designed to improve bancassurer sales levels. It failed and that is where we are now and it is what Callum McCarthy called “broken”.
Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
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