Capita

REGULATION

UK dividend growth will disappoint in 2012, undershooting forecasts, investment trust manager Charles Luke has warned.

Newton's Tineke Frikkee is taking a more cautious view than consensus on UK dividends in 2012, forecasting growth of around 8% for the year.

EQUITY INCOME

Capita Financial Managers has published its most up-to-date figures for the total return - and loss - investors in each of the Arch cru funds can expect.

The redress deal struck by the FSA, Capita, HSBC and BNY Mellon will return Arch Cru investors just 10%-15% of their original capital, according to lawyers who have seen the offers.

MPs from six political parties have this morning battered Capita with a tirade of attacks over its management of Arch cru investors' money, only to have their calls for a public inquiry into the debacle dismissed by Treasury secretary Mark Hoban

UK firms will see their dividend payouts hit £67bn this year, an 18% rise on 2010, according to the latest Dividend Monitor from Capita Registrars.

UK firms made the largest cash payout this quarter since 2008, Capita Registrar's latest dividend report has shown.

Cru investment management founder Jon Maguire cashed in his £150,000 investment in Arch cru just 14 weeks before the fund range was suspended, and while his firm was still promoting the troubled fund to other investors.