RIT Capital has said a merger with Alliance Trust is “not in the best interests of shareholders” and will not be making a formal offer as a result. News of the potential £5bn merger was revealed last week, with Alliance Trust confirming it had received an informal approach from RIT Capital, an investment trust chaired […]
Amanda wrote recently about those clients who need a little tough love – the ones who arrive at your door knowing how much cover they want and why they want it. What they seldom know is how much cover they actually need, what type of cover they should choose and the range of benefits available in the market. […]
By Kunal Desai, Head of Indian Equities
With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.
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Former Legal and General corporate affairs director John Godfrey has left his role as head of Downing Street’s policy unit less than a year after joining. Godfrey took up the reported £130,000 role in Theresa May’s special adviser team last July, after serving as group communications director for L&G and then corporate affairs director since […]
The FCA has estimated that the hiring of new independent directors to fund management boards will cost firms a total of nearly £28m a year, as it lays out better fund governance rules. In its consultation paper on implementing the asset management study’s “package of remedies”, published today, the regulator says it will now require […]