Holly Mackay is leaving Allfunds Bank to pursue other opportunities in the industry after a 12-month tenure as UK director at the firm. Allfunds is undergoing a wider management restructure and a replacement is expected to be appointed shortly.
Scottish Life has become the latest life company to rule out a price war and has taken a swipe at rivals writing unprofitable business for market share. The firm’s life and pension business rose by 8 per cent for the half-year to June to 695m from 645m in the same period last year. Group finance […]
Technology funds have been something of a backwater for retail investors since the TMT crash that lost investors so much money.
Over a third of the UK population say they have no savings or protection to back them up if they lose their jobs, despite 2.9m Britons fearing that they are in danger of becoming unemployed.Research from Prudential found that 18 per cent of UK workers were off work last year due to long-term illness. Despite […]
The English language is full of wonderful sayings such as never look a gift horse in the mouth. A free gift from the Revenue that we should quietly accept was exactly what the pension industry appeared to get in the shape of scheme pensions.
Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]