Recommended

UK-Currency-Money-Pound-GBP-620x413.jpg

BlackRock invests £12.7m in P2P lending

BlackRock has emerged as the third biggest holder of the investment trust behind peer-to-peer lending platform Funding Circle, with an investment of £12.7m shares. The Financial Times reports the transaction was made in December according to Bloomberg data. The position marks the first time the fund group has offered retail investors exposure to peer-to-peer lending […]

Adrian-Grace-on-stage-at-Platforum-conference-in-2013.jpg

Aegon sells majority of UK annuity book

Aegon is selling two-thirds of its UK annuity portfolio to specialist insurer Rothesay Life for an undisclosed sum. The deal will see Aegon reinsure £6bn worth of liabilities to Rothesay Life, with the transfer process taking place over the next two years. Aegon will continue to make annuity payments to customers on behalf of Rothesay […]

Danby Bloch
1

Danby Bloch: Dividend, salary or bonus?

The new tax year saw the introduction of the new dividend tax. The regime is squarely aimed at shareholder directors who have hitherto made dividend payments the standard way to take money out of a company without paying National Insurance contributions. The savings were very considerable. Now, taking dividends rather than salary or bonuses out […]

Leader: Judgement by committee is found wanting

“A sobering day for the industry.” That was how providers described the scathing Office of Fair Trading report into workplace pensions back in 2013, which criticised the proliferation of high-charging legacy schemes, poor governance standards and a lack of transparency on costs. To tackle these challenges, and to restore some sense of balance and fairness […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment