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
Compliance provider SimplyBiz has seen around 2,300 advisers adopt its end-to-end investment system Centra since its April launch. The system aims to be a one-stop-shop for advisers and includes goals-based planning tools, product research, suitability report processing and a centralised investment process offering backed by an independent committee. SimplyBiz co-chief executive Matt Timmins says: “Advisers […]
Ipsos Mori has been ranking professions according to how much the British public trusts them for 35 years, and doctors consistently come first or second. The latest survey shows 92 per cent trust doctors to tell us the truth. Financial advisers are not included in the survey. The least-trusted occupations are advertising, politics and my […]
Aviva platform boss Tim Orton has exited the business after leading a troubled replatforming project in 2018. Tim Orton was Aviva managing director of savings since 2017 and chief executive of the platform from 2014 until he left the company last week. Aviva’s platform was migrated from Bravura technology to FNZ technology in January 2018. […]