Andrew Lake has joined Aviva Investors, replacing Chris Higham, to take on the high-yield bond fund. Higham will continue as lead manager on the firm’scorporate bond fund.
By Carl Melvin, managing director, Affluent Financial Planning
As Easter rushed towards me last week, there was little sign of the market pausing for breath. Private client stockbrokers of my acquaintance have been busy balanc-ing their clients’ capital gains positions. This time last year, there were no gains to offset to speak of. Now we are in a new tax year – a […]
The Conservative party has pledged to restore the link between the basic state pension and average earnings if elected, but has not given details about when it aims to make the change.
Northern Rock has launched a direct to consumer online mortgage service.
By Paul Caruana-Galizia, Neptune Economist
Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.
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Latest from Money Marketing
A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source