Gartmore Investment Management has recruited Dominic Rossi as chief investment officer, joining from Threadneedle Asset Management where he was head of equities. He will be responsible for the £24bn investment division.
Alliance & Leicester has warned shareholders that voting against a Santander buyout would put the lender at the mercy of “significant external risks”. A&L reveals in its voting information booklet that it sees no end to the current financial downturn.
The Liberal Democrats are calling for the government to introduce a cooling off period for people who take more than the minimum lump sum from their pension pot without taking financial advice. Currently, withdrawals over the 25 per cent minimum are taxed at an emergency tax rate, which can lead to pensioners paying too much […]
Regulator unveils proposed directory of senior financial services professionals, publishes fees for 2018/19 and approves new tech-based mortgage firms. The Financial Conduct Authority published a raft of reports, consultations and policy initiatives over the past month and many will have a direct impact on the mortgage sector. Recently, the FCA has put forward plans to […]