National IFA 2Plan has started operations. The firm has been set up by former Positive Solutions directors Chris Smallwood and Chris Davies and is backed by Standard Life. It will provide support services to self-employed IFAs.
The Competition Commission has today published an issues statement as part of its investigation into the market for the supply of payment protection insurance. The issues statement identifies the specific areas the CC believes are relevant in deciding whether any feature of the PPI market restricts, distorts or prevents competition. It will be used as […]
The Merrill Lynch Investment Managers’ brand could soon be history, with BlackRock testing the water about a sooner than expected rebrand.BlackRock merged with Merrill Lynch in September 2006, acquiring Merrill’s investment arm in exchange for 49 per cent of the new BlackRock business.BlackRock managing director Richard Royds says as part of the deal, MLIM has […]
Why the Government is encouraging a dependency culture in the UK.
Hedge fund multi-manager Fortune Asset Management expects its closed-ended market wizards fund to list on the London Stock Exchange within four weeks.
Johnson Fleming employees have raised more than £400 for their chosen charity of the year, CLIC Sargent, with a series of fundraising events.
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The Government has confirmed that the pensions lifetime allowance will rise in line with inflation, but savers have been offered little else in the Autumn Budget today. The lifetime allowance will increase from £1m to £1,030,000 to match CPI from 2018/19. Though the maximum amount the can be saved each year into a Junior Isa […]
The Government has outlined a raft of measured designed to bring in an additional £160bn from tax cheats. The seven-year plan lists 18 different ways the Government is looking to raise the revenue. These include extending how long HM Revenue and Customs can go back in time to assess non-compliance for offshore tax evaders. Double […]
Chancellor Philip Hammond has announced the Government will today publish a ‘patient capital’ action plan that aims to unlock £20bn of new investment in UK scale-up businesses. A patient review was announced a year ago and was touted as part of the Government’s industrial strategy to increase productivity and drive growth through breaking down the obstacles […]