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John Lamb managing partner Paula Steele on building professional connections

John Lamb managing partner Paula Steele on building professional connections

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Henderson suspends dealing on £3.9bn property fund

Henderson Global Investors has suspended dealing in its £3.9bn property fund, following three other major providers. The asset manager has suspended dealing on the Henderson UK Property PAIF and the feeder fund “to safeguard the interests of all investors”. A statement from the manager says: “Despite a strong underlying portfolio, the decision was taken due to […]

Exit sign

Aberdeen adds 17% exit penalty to property fund

Investors in the Aberdeen’s UK property funds will face a 17 per cent exit fee, as more than half of the IA sector suspends trading due to an increase in redemptions following last month’s Brexit vote. The asset manager confirmed it had one of the highest levels of liquidity compared to similar funds and had sold all […]

Scheme pays explained

By Fiona Hanrahan, senior product insight and technical support analyst We’ve received lots of queries on scheme pays and when it can be used. This article explains how it works and the conditions which apply. What is ‘scheme pays’? If an individual exceeds the annual allowance (AA) and an AA tax charge is due, they […]

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