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News

Regulation

RSM Tenon dumps auditors PwC

RSM Tenon has said it will not re-appoint PricewaterhouseCoopers (PwC) as auditor of the company following a vote at the company's annual general meeting(AGM)today.

clock 06 December 2012 •

Investment

Personal tax allowance hike could force up AE threshold to £9,440

The auto-enrolment earnings trigger could be pushed up to £9,440 following a surprise increase in the personal tax allowance in yesterday's Autumn Statement.

clock 06 December 2012 •

Wrap/platforms

Major platforms consider adding to charging options

Two major platforms are considering adding to their charging options after advisers suggested they - rather than their client - could pay the platform administration charge.

clock 06 December 2012 •

Economics / Markets

Bank of England holds rates

The Bank of England has held the base interest rate at 0.5%.

clock 06 December 2012 •

Investment

Openwork links advisers to own funds from 2013

Openwork, the multi-tied network, will make the majority of its advisers use its distributor influenced funds Omnis Investments from 2013.

clock 06 December 2012 •

Tax Planning

Tax avoidance schemes 'utterly immoral', says Margaret Hodge

Firms devising and running tax avoidance schemes are "running rings" around Her Majesty's Revenue & Customs (HMRC), MP Margaret Hodge has said.

clock 06 December 2012 •

Your profession

PI insurer blasts FSA's 'high risk' Arch Cru stance

A professional indemnity (PI) insurer has hit out at a proposed £110m redress scheme for Arch Cru investors, saying it is fundamentally flawed and could cause "substantial damage" to IFA firms.

clock 06 December 2012 •

Investing in the profession

Plan Money partners with aggregator for non-advised service

Plan Money has partnered with an aggregator and launched its first automated, non-advised proposition for protection business.

clock 06 December 2012 •

Investment

GLG to re-open Japan CoreAlpha fund range

GLG Partners is to reopen the top-performing Japan CoreAlpha fund range, run by Stephen Harker (pictured), Neil Edwards and Jeffrey Atherton.

clock 06 December 2012 •

Investment

Jupiter's Anthony Nutt to retire in 2014

Jupiter's head of UK equities Anthony Nutt is to hand over his retail portfolios next year ahead of a move to retire from fund management in 2014, Investment Week can reveal.

clock 06 December 2012 •
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