St James’s Place has appointed David Bellamy as chief executive from his interim role following the departure of Mark Lund. He was group managing director for five years.
Standard & Poor’s Fund Services is to start awarding ratings to brand new fund launches. This will enable the firm to provide analysis of funds not covered by qualitative-based data firms, which rank funds solely on past performance.
SSAS provider Rowanmoor will retain in-specie contributions for its SSAS and family pension trust for property where a recent independent valuation has been obtained.
Edward Collins has been appointed to manage the equity portion of the New Star Tri-Star unit trust.He will initially co-manage the fund with existing manager Stephen Wittaker and will assume full responsibility by the end of 2007.Collins previously worked as lead manager of the New Star UK dynamic fund, a sub-fund of the New Star […]
Bramdean Asset Management chief executive Nicola Horlick is thought to be launching a fund of alternative investment funds in June.Sources say the fund, which is subject to regulatory approval, will invest across asset classes including private equity, hedge funds and specialist offerings such as infrastructure.It is thought the Bramdean alternatives limited fund will list on […]
The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]