Norwich Union has cut its protection rates for mortgage, life and term insurance. It has focused on providing affordable cover for sums assured of £175,000 and over.
Henderson’s multi-manager team are holding a multi-strategy hedge fund that is structured as an investment trust because the fees are lower than a fund of hedge funds.
Gordon Brown ended his tenure as Chancellor with a grandstanding performance at his final Budget speech last March. He finished by saying that the basic rate of income tax would be cut “from 22p down to 20p”.
This year has got off to a disappointing start with falls across all global equity markets. The latest bout of volatility stems from continued concerns about the state of the US economy.
Sifa managing director Ian Muirhead is calling on the FSA to consider the Legal Services Act 2007 and its implications for advisers as part of the retail distribution review.Under the act, which is set to come into force in 2012-13, solicitors will be able to form alternative business structures combining other professions such as IFAs […]
By Chris Taylor, Manager of the Neptune Japan Opportunities Fund H1 2014 Economy: after a harsh winter that slowed activity in the economy, the main event of the first half of the year has been the debate over what impact the 1 April VAT hike from five to eight per cent would have; we are […]
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The Budget will lay out Government plans to help build 300,000 new homes a year, according to Chancellor Philip Hammond. The plans will include fasttracking developments with planning permission. Hammond said the Government would use “powers of state” to get homes built on these sites, according to the BBC. The Government will also unveil plans to […]
Old Mutual Global Investors and Jupiter are switching from dual pricing to single pricing across their respective fund ranges, while OMGI is also introducing a fixed ongoing charge for its single strategy UK funds. Both firms say the pricing changes follow reviews and are intended to standardise their approaches with the industry. Vanguard and Axa Investment Managers also […]