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Author profile

Nick Paler

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Articles by Nick Paler

Wrap/platforms

Standard Life to pay platform rebate tax for clients

Standard Life has confirmed it is to pay the recently announced rebate tax for its users until the end of this year.

clock 20 May 2013 •

Investment

RBS to cut 1,400 jobs

The Royal Bank of Scotland (RBS) has announced it is to cut a further 1,400 roles across the country as part of a restructure of its support staff teams.

clock 16 May 2013 •

Wrap/platforms

Verona Smith exits Cofunds as L&G makes more changes

Verona Smith, marketing director at Cofunds, is to exit the platform in the wake of the takeover by Legal & General.

clock 15 May 2013 •

Economics / Markets

Sacrebleu! French economy falls into recession

The French economy has officially entered recession after shrinking in the first quarter of the year, data released today has revealed.

clock 15 May 2013 •

Investment

BlackRock and Standard Life top Pridham report

M&G has lost its number one spot at the top of the widely followed Pridham report, after sales at rivals BlackRock and Standard Life surpassed the Prudential-owned asset manager.

clock 13 May 2013 •

Equities

Lloyds to axe 850 jobs

Lloyds Banking Group is to axe 850 jobs from across the bank as part of its ongoing strategic review.

clock 09 May 2013 •

Equities

Man Utd shares drop 5% after Sir Alex's shock retirement

Shares in Manchester United have fallen at the start of US trading after it was announced manager Sir Alex Ferguson is to bring an end to his 26-year reign at the club at the end of this season.

clock 08 May 2013 •

Investment

Sainsbury's to buy banking business outright as profits dip

Supermarket giant Sainsbury's is to take full control of its banking franchise after agreeing to buy Lloyds' 50% stake in the business for £248m.

clock 08 May 2013 •

Economics / Markets

ECB cuts interest rates to 0.5%

The European Central Bank (ECB) has cut interest rates to a new record low amid ongoing fears about the eurozone's economic health.

clock 02 May 2013 •

Managed solutions

Ashcourt Rowan sees revenues dip amid restructure

Wealth manager Ashcourt Rowan today said revenues had fallen in the last year amid a restructure of the group as it looks to prepare for future expansion.

clock 02 May 2013 •
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