The Financial Assistance Scheme, which was set up by the Government to help people in final-salary pension schemes, is to provide workers within three years of the normal retirement age of their scheme with 80 per cent of their pension. The money will be paid as a top-up pension rather than through an annuity.
MTM Capital Partners
MTM China VCT
It was about five years ago when I moved my client bank to a fee basis.
Noble & Company
Capital Pub Company 2
The FSA has revealed it was advised by a barrister that it had insufficient evidence to prosecute anyone involved in the split-cap scandal.
By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]