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Labour and Tories to raise VAT to 19%

Schroders European economist Azad Zangana expects VAT to rise to 19 per cent after the general election if Labour or the Tories win.

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Transfer sums

New regulations have seen transfer values increase but that does not mean a rise for the pensionholder

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Rule of thumb

The sins of commission have never been more perfectly demonstrated than in the furore over recent reports of corporate advisers giving employers bundles of cash from commission that will be paid for by their staff’s pensions. Cashback can be a very handy facility, particularly when there are no ATMs around, but treating your employees’ pension […]

Pegrum leaves Cazenove

Neil Pegrum, manager of the Cazenove UK dynamic fund and two dynamic long/short funds, has left the group to join Soros Fund Management.

Investec assesses platforms to add structured funds

Investec Structured Products is looking to launch a range of Ucits structured funds by the third quarter this year. Head of intermediary sales Gary Dale says the funds will offer different return profiles and are likely to include a closed-ended fund structure and an open-ended structure which will be collateralised – or segregated off balance […]

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