Conspiracy theories abound in a week of footballing controversy.Royal Bank of Scotland has a significant interest in the Marriott hotels following its deal worth nearly 1bn and it is also the principal lender on the new Emirates Stadium. MM could not find any further links with Arsenal FC but we do wonder whether Spurs chairman Daniel Levy would be interested in these apparent coincidences. The RBS badge may be blue but underneath we suspect there is red.
The Prime Minister and Chancellor appear to have reached agreement to restore the earnings link to the basic state pension signalling an unlikely but peaceful end to the pensions soap opera that has been raging since the second Turner report.
Bankhall has sold its commercial general insurance arm UKGI to Total Broker Solutions to focus on its core markets of directly regulated mortgage, life, pensions and investment. The agreement brings a reciprocal agreement for TBS to provide Bankhall members with commercial GI services while TBS’s 350 brokers will get compliance support from Bankhall. Head of […]
It is always refreshing to see a fund management company admit there might be better people at managing money than itself. Norwich Union has done precisely that with the launch of its new UK special situations fund. It has outsourced the management of the fund to undoubted experts Richard Buxton and Andy Brough of Schroders. […]
Aegon says the introduction of Lord Turner’s NPSS proposals could see benefits from the state second pension almost halve for mid to high-earners. Its research reveals higher-earners could see S2P benefits cut by up to 50 a week. Turner wants S2P to be downgraded, removing the earnings’ link and just paying a flat-rate benefit. Aegon […]
Joshua Ausden, Head of Client Investment Strategy, Neptune Read more here Important Information – for Investment Professionals Only. Not for Retail Clients.Investment risksNeptune funds may have a high volatility rating and past performance and forecasts are not a guide to future performance. These are Neptune’s views and as such this document is deemed to be […]
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