The UK government will remove tax restrictions on people who want to sell the income stream from an existing annuity from 6 April next year, effectively giving them similar freedoms as those soon to be enjoyed by those in defined contribution savings plans.
The UK’s Financial Conduct Authority has ruled that when a financial services firm shares customer endorsements over social media it could be covered by its promotion rules, and has set out clearer guidance on how employees can use their personal social media accounts.
The Financial Conduct Authoritys lifetime ban on an ex-BlackRock managing director who avoided £43,000 in ticket fares has been described as disproportionate and draconian by the head of the representative body for the UKs securities and investment industry.
Head-to-Head compares the Janus Global Life Sciences Fund and the JB Multistock Health Innovation Fund, which were Platinum Award winners at Fund Selector Asia’s inaugural fund awards.
A group of 150 financial companies are pushing for a savings minister, an overhaul of pension tax relief, and the development of a digital passport to tackle an emerging savings crisis.
Ian Trevers has resigned from Invesco Perpetual following the firms consolidation of its EMEA retail and institutional divisions.
Talking Factsheets is a new video service for users of the Square Mile Academy of Funds website, which identifies the funds that are “best in class” through the Square Mile Investment Consulting Research fund ratings.
There is a new and clear division of responsibility in the UK between consumers, the pensions industry and government policy makers coming into effect after 6 April that is a long way from the current system, the Financial Conduct Authority said.
According to Royal London Asset Management economist, Ian Kernohan, the issue is not so much when the first hike will come in the US, if at all, but how quickly rates rise.
Underweight positions in bonds took the shine off the performance of medium-risk portfolios, but concerns remain about when these markets will turn
One of the most striking divergences since the start of the global financial crisis has been the speed and magnitude of the US recovery relative to that of the rest of the world.
According to Tellsons Investors, investors should be preparing for the possibility of an inflection point in the polar extremes between bond and equity market valuations
