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Select switch at Threadneedle

Phil Cliff is to take over from his boss, Darrel ODea, as manager of Threadneedles European Select Growth fund. Cliff has been number two on the team and currently also manages Threadneedles pan-European Accelerando fund. He will now switch roles with ODea, who becomes deputy manager on the select growth fund.

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Split caps compensation to be revealed

Investors in split caps will hear this week how and when Fund Distribution, the company set up by the Financial Services Authority after the crisis, is to make its payments to those eligible for compensation. Eighteen fund management companies paid into the company in December after reaching agreement with the FSA, with Exeter Asset Management […]

LibDems outline plans for citizen’s pension

The Liberal Democrats’ manifesto promises “fairness and opportunity’, promoting their citizen’s pension and meas-ures aimed at achieving economic prosperity. The manifesto spells out the LibDem’s citizen’s pension proposal with a guaranteed basic pension of £109.45 a week, increasing with earnings for anyone over 75. The LibDems say this would immediately remove a million pensioners from […]

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Pension freedom: wish you were here?

Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.

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