UK

The complexity of the UK tax system means advisers from all disciplines need to work together to achieve the best outcomes for their clients, writes Dawsons Solicitors partner Robert Macro.

Skandia has removed George Luckraft from the manager line-up on its £142m UK Best Ideas fund.

Income stalwart Richard Hughes will be replaced by Alex Odd as the manager of M&G's £501m Dividend fund from next month.

Fidelity International, one of the largest investors in Prudential, is calling for the resignation of chairman Harvey McGrath.

Invesco Perpetual head of investments Neil Woodford says it is 'reckless' to believe BP's $20bn compensation package will mark the end of the oil giant's worries.

Santander, Spain's biggest bank, is the sole remaining bidder for the 318 Williams & Glynn branches being offloaded by Royal Bank of Scotland.

Cofunds believes there is still time to influence the FSA and prevent a proposed ban on fund manager rebates and bundled charges as the regulator's response to the discussion paper is set to be delayed until September.

Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.

Veteran income fund manager Graham Ashby explains why now may not be the best time to sell BP and how the UK equity market could still deliver positive dividend growth in 2010.

The UK All Companies sector is the IMA's largest but performance has been wide-ranging, writes Paul Burgin