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Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]

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Govt delays £2bn Lloyds share sale

Chancellor George Osborne is delaying the sale of the Government’s £2bn remaining stake in Lloyds Banking Group. Osborne says the recent disruption in the financial markets and slow economic growth are behind the delay. He says “now is not the right time” for any sale and the Government is waiting for a more stable economic […]

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Tilney Bestinvest in £700m Towry takeover bid

The private equity firm behind Tilney Bestinvest is planning a £700m takeover deal of rival wealth manager Towry. The Sunday Times reports Permira is “aggressively pursuing the deal”, which would see a combined group with assets under management of £18bn. Tilney Bestinvest is understood to have denied claims that it is involved in a bid […]

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HSBC axes planned pay freeze

HSBC is to end plans to freeze staff pay this year following protests by employees. The bank stated in January that it would impose restrictions on pay and hiring. However staff, who had already been told by managers how much their pay rises would be, protested, and according to reports the bank has now confirmed […]

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