Fidelity International has suspended two senior fund managers in Hong Kong over a possible breach of its internal code of conduct.
The UK economy has emerged from recession, with the latest data showing growth of 0.1 per cent during the last quarter following a period of economic contraction which lasted six consec- utive months.
Fraud costs the UK financial services industry £3.8bn a year, according to estimates from The National Fraud Authority. The overall cost of fraud to the country is over £30bn a year. The data, which the NFA claims is far more comprehensive than the last widely accepted figure of £13bn in 2007, shows that £15.2bn is […]
The ABI is calling for a more competitive and business friendly tax environment for multinationals in the UK. It says that more insurers may move their business overseas unless conditions improve.
Pension Protection Fund chair Lawrence Churchill has been appointed chair designate of the trustee corporation which will run the National Emp-loyment Savings Trust.
‘Work like a dog day’ recognises the hardest-working people. On this day, employers show their appreciation for all of their employees who carry the heaviest workloads.
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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 […]