View more on these topics

UK firms cut dividends by £10bn

UK companies cut dividend payments by £10bn in 2009, according to a report by Capita Registrars.

A total of £56.9bn was paid out in dividends last year, representing a 15 per cent year-on-year drop.

Financial companies slashed £8.2bn, and of this £6.1bn was cut by the banks.

HSBC only modestly cut its dividend whilst Standard Chartered actually increased its payment.

Recommended

Aberdeen merging UK and Euro funds

Aberdeen is merging some of its UK and European funds in a bid to improve efficiency. The £42m UK opportunities fund will be merged with the £119m UK growth fund and renamed the Aberdeen UK equ-ity fund. The firm is also merging its £5.4m European opportunities fund with the £224m European growth and renaming it […]

Skandia launches online Isa tool

Skandia has launched an online tool for financial advisers to help them build and manage their own tax year end Isa campaigns.

1

Portfolio tools could leave IFAs exposed to UK gilt risk

JP Morgan Asset Management head of UK retail sales Mike Parsons has warned that IFA portfolio tools could leave clients overly exposed to UK gilts. Parsons says asset allocation tools do not differentiate clearly between different categories of fixed income, which could leave clients at risk. He says: “A lot of tools say you should […]

Nobody expects the Spanish Inquisition

Paul Fidell, Head of Business Development (Investments), writes about one of the primary challenges for those involved in estate planning. He looks at dealing with investment uncertainty in these low growth, low inflation but still volatile investment conditions. Protection of capital, to leave something for beneficiaries, is a fundamental objective of many people’s plans for […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com