Non-conforming lender Platform Home Loans is relocating from London's docklands to West Malling in Kent ahead of a planned expansion.
Following Amvescap's £1.05bn purchase of Perpetual two weeks ago, things are suddenly a lot more interesting for Invesco UK chief executive Hugh Ward.Amvescap also owns Invesco and the purchase of Perpetual is likely to end up with the two fund managers being merged. The combined firm would be the second-biggest retail fund manager in the […]
Abbey National is launching a fully automated on-line facility to enable employers to choose stakeholder pensions for their employees on the internet. Abbey say the move comes as a result of changes in pensions legislation which requires employers with five or more staff to offer pension provisions to employees from next October. Abbey's stakeholder sales […]
Royal & SunAlliance International Financial Services (RSAIFS) is launching a new UK Inheritance Tax planning pack with information on three trusts. The pack includes a general guide to UK inheritance tax, a gift trust, a loan trust a capital access trust and an advisers guide.
US investor Warren Buffett's Berkshire Hathaway Group is buying an underwriting agency from merged insurance group CGNU. Shares in CGNU leapt 4 per cent to £9.58 on the announcement of the sale but the move to pull out of Lloyds of London will cost CGNU £448m in charges. The insurer says it is selling the […]
The latest update from the Sustainable Investments Team at Royal London Asset Management, Responsibility Matters, is now available. In this edition the team look at issues such as the growing acceptance of sustainable investing and technology in China. Read the update here: The value of investments and the income from them is not guaranteed and […]
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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