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 […]
Ahead of his workshop of market volatility at the Money Marketing Interactive conference next month, Tavistock’s Connor Stewart answers the big questions on central bank policy and how to cope when the downturn hits Are investors diversified enough for when the bear market hits? Financial markets move in cycles and we are approaching the end […]
Investing time in building a team is the smartest way run a business even if you are keeping it small We advisers are a fiercely independent bunch. We all have our ways of working and generally we don’t take too kindly others telling us what to do. That said, I’m known to raise my head […]
Investor sentiment has been knocked by the prospect of a no-deal Brexit, a poll from Interactive Investor shows. The survey – of 404 savers at the beginning of August – shows 41 per cent say they have an investment strategy in place and are sticking to it despite the ongoing uncertainty surrounding the UK’s exit […]