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Nucleus pulls back on IPO plans

Nucleus has delayed plans to explore flotation after advisers reacted negatively to the proposal. Chief executive David Ferguson told Money Marketing in February that the terms of its ownership required the adviser-owned firm to explore a float this year. However, chief financial officer Doug Heron now says the plans have been shelved. He says: “Our […]

Ros Altmann
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Ros Altmann: Pension Isas would have been a disaster

Pensions minister Baroness Ros Altmann has slammed the Treasury’s shelved proposals to tax pension contributions in line with current rules on Isas. Altmann has long been a vocal opponent of the plans, telling Money Marketing in July last year that such a move would be “a big mistake”. Speaking yesterday at an Association of British […]

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MPs challenge Govt on cost of Waspi early state pension take-up

Influential MPs predict the cost to the Government of allowing a group of women early access to the state pension would be minimal. Only a third of women eligible for support under the proposal would be likely to do so, according to Conservative MP Craig MacKinlay. The Work and Pensions committee is conducting an investigation […]

Mark Barnett: Why I still back pharma

Two years ago, I outlined in this column why I was backing the pharmaceutical sector. Back then I saw the sector set to benefit from attractive demographics (an ageing population in the West, along with increasing wealth in emerging markets) and the technology changes arising from the mapping of the human genome in the late-1990s. […]

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