The Enterprise Investment Scheme and capital gains tax reinvestment relief are to be rationalised to create a unified scheme. The changes, which take effect from April 6, will include an increase of 50 per cent to £150,000 a year in the amount that an individual can invest in new shares with the benefit of income-tax […]
Colonial Investments has appointed Lindsay Firth-McGuckin as marketing director. Firth-McGuckin was previously marketing director at Henderson Investors and head of marketing at Liverpool Victoria Friendly Society.
Johnson Fry founder Charles Fry is standing down as chief executive on December 31. Fry will continue to serve on the board and will work part-time at the company in sales and marketing. Rebecca Thomas, who was appointed managing director in September, will take over operational responsibility.
Axa is facing a £200,000 compensation claim from a former tied agent and IFA who is suing over a disputed golden hello payment. Martyn Freeman is suing the company for breach of contract and loss of earnings. The case reaches trial in Slough next week. Freeman alleges that he was offered a £9,000 golden hello […]
As the Royal London Global Multi Asset Portfolios or GMAPs approach their one-year anniversary, Head of Multi Asset Trevor Greetham looks back at performance over the past year and offers his investment outlook for the coming months. Click here
The FCA’s released video on defined benefit transfers is the first of its kind and no more are planned in the near future Money Marketing understands. The new video aims to help consumers know what they should expect when discussing a DB transfer with an adviser. Money Marketing understands the watchdog thinks a bonus effect […]
Standard Life Aberdeen-owned platform Parmenion has appointed Tom Sayers as head of investment solutions. He joins from rival Bristol-based discretionary management service Whitechurch Securities where he was head of investment. His career also includes private client stockbroking and advising high net worth individuals. Sayers will be responsible for client assets of more than £6bn and […]