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Govt reveals plans for asset management ‘Centres of Excellence’

The Government has unveiled plans to introduce Asset Management Centres of Excellence across the UK in its second investment management strategy paper, published today. It was announced in the Autumn Budget that the Government would be publishing the Investment Management Strategy II following the launch of the first strategy in 2013 as part of its […]

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Pimfa’s Beasley hits back at criticism of FSCS stance

Pimfa board member and Richmond House Group managing director Paul Beasley has hit back at criticism of the trade body in a recent column from Money Marketing contributor Nic Cicutti. Earlier this month, Cicutti argued that the Financial Services Compensation Scheme should continue to cover claims for unregulated investments, and that Pimfa’s position “compounds the […]

Autumn Budget: Govt doubles EIS limits on certain investments

Chancellor Philip Hammond has announced that EIS investment limits will be doubled for certain companies in today’s Autumn Budget, while also ensuring the scheme is not used as a shelter for risk-free assets. The current maximum investment limit eligible for tax relief is £1m. Hammond says the new limit will apply for “knowledge-intensive” companies. There […]

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