More to follow…
The FSA’s Lord Turner has been appointed to chair the Financial Stability Board’s standing committee for supervisory and regulatory co-operation.
Bluefin has made seven support staff at its London office redundant, Money Marketing understands.
PMS managing director John Malone is understood to be furious after not being consulted on Sesame’s proposed acquisition of Bankhall and is thought to be planning to leave the firm.
Liberal Democrat shadow chancellor Vince Cable has warned that bank aid may have to continue for 10 years if taxpayers are to receive maximum rewards.
Capital Market Notes, December 2016 Dave Lafferty, chief market strategist at Natixis Global Asset Management, assesses the accuracy of his 2016 outlook and provides his thoughts and outlook for 2017. Click here to read the full article
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Scotland has introduced a new set of income tax bands, but pensions experts warn that the changes could cause issues with pension tax relief calculations. In the Scottish Budget today, the Government announced a new starter rate of 19p and then a 21p rate for those earning over £24,000. The higher rate of tax is […]
The scramble to do as many defined benefit transfers as possible while values remain high is unabated, and I am constantly amazed at how some firms have thrown caution to the wind in the hunt for their share of this – admittedly lucrative – opportunity. The problem is that advisers are putting their profits before […]
The FCA working group tasked with setting a template for fund charge disclosure is considering whether one or multiple templates would be more suitable. The institutional disclosure working group, chaired by transparency champion Chris Sier, has been tasked with creating a new template for fund costs and charges following the package of remedies outlined in […]