Parkwood Property Investments has halted its attempts to oust the board of UK property company Gresham House. Shareholders at Monday’s extraordinary meeting defeated resolutions to remove four of its directors with three Parkwood nominees.
The Treasury is advertising for a successor to FSA chairman Sir Callum McCarthy who is due to retire in September.Many in the industry believe the FSA will employ an external candidate following the internal appointment of Hector Sants as chief executive.The advertisement in the Financial Times says applicants should be able to demonstrate a proven […]
Beacon Asset Management director Simon Goldthorpe has called on the government to urgently clarify proposed reforms to capital gains tax. Treasury ministers are holding talks with heads of business ahead of an announcement expected on Thursday or early next week. Proposals announced in the pre-budget report last October to impose a flat 18 per cent […]
Falcon chief executive Allan Rosengren has highlighted growing concerns over some of the exit strategies being offered to advisers who sell their businesses or retire.
Prime Minister Gordon Brown is scrapping some of his pension entitlements in a bid to set an example to MPs on salary and pensions.Rather than receive a pension worth half his salary when he leaves office, Brown will now wait until he is 65, a move that could see him give up around £500,000 in […]
Holly Cassell, Assistant Manager of the Neptune UK Opportunities Fund The decision of the Federal Reserve not to raise US interest rates at its September meeting was met with surprise by many, and has been blamed by some as the chief catalyst for the global market volatility that followed. How does this affect the timing […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology