SimplyBiz has reported a profits rise of 44 per cent to £3.1m in the year ended December 31, 2006. Turnover was up by 24 per cent to £7.48m.
Chancellor Alistair Darling has faced a torrent of criticism since last Tuesday’s pre-Budget report with warnings his capital gains tax changes will severely damage small business and the life assurance industry.
Improved annuity guidance is set to increase uptake of the open market option. Samantha Downes reviews the choices available to investors who want to shop around
Norwich Union UK income opportunities manager Ian Lancaster has quit the firm to join Bahrain-based group Gulf Finance House Asset Management.
Ben Pollard and Susan Stock, consultants at the Tillinghast business of Towers Perrin, talk about the virtues of the variable annuity
Kunal Desai, manager of the Neptune India Fund, comments on the implications of the BJP’s historic election win in India’s most populous state, Uttar Pradesh. Read the full article here Important Information – for investment professionals only. Not for retail clients. Investment risks The Neptune India Fund may have a high volatility rating and past […]
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Paris has beaten Dublin to swipe the European Banking Authority from London following Brexit, meaning the French capital will now host two of the three European Supervisory Authorities. An internal survey of EBA staff ranked Paris as the most desirable city to move to after Vienna, which had been a frontrunner for the authority alongside […]
Robo-adviser Nutmeg has passed the £1bn assets under management mark. The firm says it has roughly doubled both funds and client numbers since September 2016. Nutmeg now has around 48,700 customers. However, the digital wealth manager has struggled to make a profit since launching five years ago. Its 2016 losses amounted to £9.3m, up from […]
Equity release adviser Key Retirement has signed a new deal with live-in care provider Elder to give advisers more support on helping retired clients using their home to afford residential care. Key Retirement says that through lifetime mortgages with Elder, advisers will be able to offer new options for older clients wanting to remain in […]