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Pensions hit by anti-avoidance moves

Tax avoidance by pension schemes is to be caught in the Government&#39s anti-avoidance net. The Chancellor is concerned that schemes are avoiding tax when they cease to be approved. The changes will hit small self-administered schemes, self-invested personal pensions and occupational schemes.

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Trading standards want financial watchdog role

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Fund managers dip toes back into the equity pool

A month ago, fund managers were being heavily criticised for their defensive positions in holding high cash levels and missing out on the huge gains enjoyed by UK and US equities. Managed funds have generally underperformed tracker funds and the major indices over the last year. Analysts have pondered how long some funds could continue […]

Templeton investors give Oeics go-ahead

Parts of Eagle Star could be sold of as part of a major strategic review by BAT. But BAT chief executive Martin Broughton plays down suggestions that BAT will sell off Eagle Star entirely. BAT is to merge its financial services arm BAFS with Zurich Group later this year. BAT has already been forced to […]

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