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BlackRock Q1 profit up 9% helped by ETFs inflows

BlackRock has reported a 9 per cent rise in net income in the first quarter of 2015 compared to the same period last year, helped by large inflows into its exchange-traded funds. Net income was £551m in the first quarter of 2015, up from £507m in the same period last year. The company saw $70.4bn […]

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MM leader: Pension tax relief is boiling over

Pensions have never been more attractive. The coalition Government has done a good job in doing away with the idea that pensions are something to be kept under lock and key for the longest possible period, before converting them to a typically paltry income. Now pension freedoms are upon us, savers are free to do […]

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Chris Gilchrist: A vision of the future

Mo wakes me at 6am because one of my New Year’s resolutions was to rise half an hour earlier. Using silent mode, she tells me: “we’ve had an upgrade”. I have learnt the difference between “we” and “I”. “We” means Mo and 200 million similar devices, the data cloud they link to and the AIs […]

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