I recently did some volunteering with the Personal Finance Society in helping facilitate its Discover Fortunes game at a school. For those of you who do not know much about it, it is a two-hour session that encourages sixth form students to think about a career in personal finance and listen to a financial adviser […]
National Savings and Investments will continue its deal with Shropshire IFA Matrix Capital to advise winners of its bi-monthly £1m in premium bond jackpot prizes. Matrix last had its contract with NS&I extended on a 12-month agreement last February, and has held it since the 2014, after Close Brothers Asset Management ended its eight-year association with […]
Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2bn in cash for the business. Standard Life Aberdeen […]
Index-linked gilts (also known as inflation-linked) can play an important role within an investor’s portfolio,and are a distinct asset class to conventional gilts. While index-linked gilts have a higher duration compared to their conventional counterparts, this duration figure is misleading as inflation-linked bonds do not tend to move in line with their conventional counterparts. Key […]
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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