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Woodford halts fundraising amid market uncertainty

Woodford Patient Capital has suspending its fundraising, announced in January, amid continued uncertainty and lower liquidity in markets. In its annual results, published today, the chair of the trust Susan Searle says: “With the continuing uncertainty prevailing in markets, now is not an appropriate time to raise capital. The board will, however, monitor the situation and […]

Chris Gilchrist: George Osborne is repeating the mistakes of Gordon Brown

I resented having to listen to a fourth Osborne Budget within 12 months. The mild entertainment gained from an embarrassing switch in the economic weather forecast from sunny to threatening since December was tempered by the realisation that 99 per cent of the population will not have a clue all the big Budget numbers are fiction. […]

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Richard Parkin: What is not to love about the Lifetime Isa?

Those of us in the pensions world were waiting to see if there would be a sting in the tail of the Chancellor’s assurance he was not going for a full-scale reform of pension tax relief in last week’s Budget. Would he cut the lifetime and annual allowances further? Would he abolish salary sacrifice for […]

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VouchedFor launches national TV ads

Adviser introducer website VouchedFor is to launch its first TV advertising campaign next week. The series of adverts will run from April 18th on channels including National Geographic, Channel 4, Sky News and ITV3. They will focus on the current lack of retirement planning carried out by many people and the value to ordinary people […]

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]

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