This is up from 69 a week in 1997. Those couples with a combined income of less than 212 per week will be eligible, an estimated 3.7m pensioners.
I would like to use your pages to correct some significant inaccuracies in the letter from David Parker regarding the exam framework.
FSA regulation introduced a new participant to the mortgage world – the whistleblower. This, I like. Having seen some multiparty electioneering starting to manifest itself, it is time to expose some gross derelictions of duty. I am talking about the Government’s performance on mortgages and associated issues.
Insight is planning a new multi-manager absolute return fund which aims to provide a positive return under all market conditions.
The inheritance tax threshold will be raised from 263,000 to 275,000 this year, rising to 285,000 next year and 300,000 the year after, said Chancellor Gordon Brown in his Budget speech today.He said 94 per cent of UK estates will not be liable for IHT. Rates will be frozen on capital gains tax, corporate taxation […]
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent ompared to the MSCI India Index gain of just 14.0 […]
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]