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Massive Q2 loss for UBS

UBS made a loss of £780m for the second quarter of this year.


Aberdeen looks to ‘put-option’ Woodford

Aberdeen co-head of multi-manager Aidan Kearney says the firm has added Invesco Perpetual income guru Neil Woodford to act as a “put option” in its fund range.Aberdeen has allocated 2-3 per cent of cash from its port-folios to Woodford as the team believes he is the perfect protection to defend assets if the market falls […]

FSSC developing shared units

The Financial Services Skills Council is likely to develop shared units forcing award- ing bodies to use identical content in core modules as part of the RDR’s QCF level four qualification.Director of skills development Sarah Thwaites says the Qualifications and Curriculum Development Agency, which owns the QCF framework, is developing a system of shared units. […]

Planning now for the residence nil-rate band

Graeme Robb, senior technical manager at Prudential, writes about the residence nil-rate band and the advice opportunities it presents for you when tax year-end planning with your clients. On our Planning Matters hub, we considered a widow, Margaret, and a married couple, John and Anne, for whom the residence nil-rate band (RNRB) is influencing planning […]


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