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
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]