The Pensions Regulator has boosted its core budget for 2010-11 to £29.5m, up by £1.3m from 2009-10. The Employer Compliance Regime, which is to police the Pensions Act 2008 reforms, is expected to cost a further £10.4m.
The FSA plan for banning any payments between providers and platforms, including all rebates, has split the platform industry.
Veritas Asset Management has appointed Neil Cooper as senior analyst for the global team.
Choosing between a discretionary or advisory investment manager does not have to be a case of either or
Schroders is looking at introducing a clean fee share class for its funds on platforms.
Jonathan Platt, Head of Fixed Income at Royal London Asset Management, looks at the three trends that his team see shaping bond markets this week. Read the article here: The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back […]
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The composition of emerging market indices reveals stocks less tied to the commodity cycle have been taking a larger share in recent years
Aviva has pledged to have the full version of its new platform up and running imminently after a blackout period over the weekend. The provider scheduled five days of downtime from last Wednesday through to Monday, but advisers have complained to Money Marketing that the platform was not accepting applications or running quotes as of […]
The cost of pensions tax relief for employers is £950m higher than originally estimated for the 2016/17 financial year according to figures published by HM Revenue and Customs. Its updated estimates on the cost of tax relief show the bill for relief on National Insurance Contributions for employers is higher than previously thought. Meanwhile the […]