New figures requested from the Office for National Statistics by Jelf International reveal the countries with the largest numbers of employees working for a UK-controlled parent company (known as UKFAs or UK foreign affiliates).
Ukip wants to cut the state pension age to 65 as part of a swathe of promises designed to install better fairness to pensions. The party claims that increases in the age at which individuals can claim a state pension have unfairly impacted women and manual workers, in particular, so has instead devised a “retirement […]
Ukip has been accused of “mollycoddling” retirees after proposing to offer a guarantee of free financial advice to protect savers following the introduction of pension freedoms. Nigel Farage’s party unveiled the plans last week as part of their manifesto launch. One idea being considered would see retirees given a “voucher” to spend on advice. The […]
The FCA has fined Merrill Lynch International £13.3m for transaction reporting failures. The regulator says MLI incorrectly reported over 35 million transactions, and failed to report a further 121,387 transactions between November 2007 and November 2014. The fine is the highest ever imposed by the regulator for transaction reporting failures. The FCA says the size […]
Craig Inches, Head of Rates and Cash at Royal London Asset Management comments on the Bank of England’s decision to not raise rates and why he views this as a missed opportunity. Read the article here. Past performance is not a guide to future performance. The value of investments and the income from them is […]
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