News

Neptune has promoted Charlie Parker to head of distribution, just over a year after the former journalist joined the fund house.

The second quarter of 2015 proved to be as eventful as the first for the wealth management space, as M&A, bid rumours and restructurings continued to take the headlines.

Smith and Williamson's James Burns has said that value is beginning to re-emerge in the investment trust sector, after discounts significantly narrowed at the end of last year.

The Dow Jones fell to a five-month low last night, with traders having earlier been rattled by a four-hour long suspension of the New York Stock Exchange.

Giles Parkinson, who resigned from Artemis earlier this month, has joined Aviva Investors as a global equities fund manager.

The government has delayed the launch of a secondary annuity market amid concerns about consumer protection, it has said in its Budget document out today.

Mixed reactions to 'radical' plans

Investors will be able to withdraw and reinvest cash held in stocks & shares ISAs without affecting their annual limits as of April 2016, the Treasury has said.

A shift from an 'EET' to a ‘TEE' tax system could save the government £10bn a year, academic Michael Johnson has said.

HMRC is to hold regular stakeholder forums to help clarify and develop the rules surrounding EIS, SEIS and VCT schemes.