IFA consolidation company Perspective Financial Group has set up PFG Corporate Solutions, a specialist division providing advice to firms on corporate pensions and employee benefits.
Fortis Insurance UK is to change its name to Ageas in 2011, subject to shareholder approval.
Commercial I have a riposte for Alan Lakey (Letters, February 25). Although what you say may be true, I wonder if it should even be a concern of someone in business. Your letter looked more like a political manifesto. You may consider that you are a utility provider but in that case you may be […]
Gartmore has reported net inflows of £485m into its mutual funds for the year ended December 31, 2009, boosting its assets under management by 19 per cent compared with 2008.
Holders of Bradford & Bingley subordinated debt who suffered missed coupon payouts when the bank was nationalised have been told they will not be receiving compensation.
By Robin Geffen, fund manager and CEO
This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar.
In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.
- Top trends
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