The Univen and Cavendish VCTs have been pulled from the market after the boards felt they were not going to accrue enough critical mass to allot shares. The promoters are in the process of returning money to investors.
Individuals tend to underestimate their longevity by five years or more, believing their pension will be payable for a shorter period than it really will, seriously affecting their provisions for retirement, says new research.
Credit Suisse Asset Management’s acquisition of Artemis’ fund of funds business has attracted more press coverage than we ever imagined.
New networks are starting to make a big impression with many financial intermediaries.
Amanda Newman looks at how Ucits III has led to the creation of directional bond funds, with some saying they are the future for bond funds and others claiming there is not enough demand for products of this type.
Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.
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Support service provider SimplyBiz has signed a third new deal for defined benefit transfer advice work after its original partner pulled out of the marketplace. In an email to members seen by Money Marketing, compliance director Gary Kershaw apologises for any inconvenience caused by Crowborough-based advice firm CFPML’s decision to exit the DB transfer marketplace. […]
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The Budget will lay out Government plans to help build 300,000 new homes a year, according to Chancellor Philip Hammond. The plans will include fasttracking developments with planning permission. Hammond said the Government would use “powers of state” to get homes built on these sites, according to the BBC. The Government will also unveil plans to […]