Conservative Shadow Chancellor George Osborne has called for a radical reshaping of the Treasury’s powers and responsibilities to reposition it as the evaluator of Government policy rather than the “principal source”.
HBOS has admitted its experimental retention strategy introduced last year has failed to deliver leading to a large dip in its lending share to less than 10 per cent. In a trading statement released this morning, HBOS says it has now taken corrective action which it believes will lead to its market share returning to […]
Aegon Scottish Equitable has enhanced its online protection application process enabling advisers to get cover for clients immediately if the application is submitted online.Advisers can now get standard or non-standard life, critical illness and income protection for their clients instantly when applied for online and a policy start date can be given up to 30 […]
By Kunal Desai, Head of Indian Equities at Neptune Watch Kunal Desai, Manager of the Neptune India Fund, explain what he feels will be the driver of India’s shift from a story of relative outperformance to one of absolute returns. Click here to watch the video Important Information: Investment risks This fund may have […]
A group of 500 people have launched legal action against Ingenious Media saying they were misled about film investments that were later deemed to be tax avoidance by the government. According to Bloomberg, which cites court documents, employees from companies including Goldman Sachs, Lloyds Banking Group and HSBC are part of the action. British composer Andrew Lloyd-Webber is […]
Embark Services returned to profit in 2017 as it reported an increase in self-invested personal pension clients. Embark Services is a subsidiary of Embark Group that trades under the Hornbuckle and Embark brands. The business reported pre-tax profit for the year ending 31 December 2017 of £136,000 compared with a loss in 2016 of £2.4m. […]
Architas UK has seen inflows drop by just over 70 per cent in the first half of the year. The Axa-owned asset manager reported £152m net inflows for the first six months of 2018, compared with £546m in the first half of 2017. Globally, Architas’s net inflows dropped to €797m (£710.6m) in the first half […]