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News

Investment

Revealed: The funds powering Battle Against Cancer trust

The Battle Against Cancer Investment trust (BACIT) has revealed details of its holdings as it invests an initial £200m worth of assets.

clock 20 November 2012 •

Wrap/platforms

AXA Elevate lowers platform cashback deal

AXA Elevate is to lower the discount it offers to users who buy the group's own Architas fund range in 2013.

clock 20 November 2012 •

Investment

FOS: lead Keydata final decision due soon

The Financial Ombudsman Service (FOS) has revealed that it is awaiting a lead decision on investments in failed firm Keydata before it decides the fate of thousands of investors seeking redress.

clock 20 November 2012 •

Economics / Markets

France under fire: Moody's cuts AAA as Littlewood ups short

Moody's has stripped France of its AAA rating as Artemis' William Littlewood becomes the latest fund manager to turn more negative on the country.

clock 20 November 2012 •

Tax Planning

Chancellor looks to up tax on pensions of rich

George Osborne is considering a new tax raid on the pension contributions of richer voters, after rejecting the idea of a "wealth tax" based on higher council rates for luxury homes and apartments.

clock 20 November 2012 •

Economics / Markets

Dow adds 200 points as fiscal cliff fears recede

US and Asian equity markets rallied overnight as talk of US politicians reaching a deal to avert the fiscal cliff helped sooth investor worries.

clock 20 November 2012 •

Regulation

IMA to HMRC: more information needed on FATCA

The Investment Management Association (IMA) has written to HM Revenue & Customs (HMRC) to express its concerns over the "continued uncertainty" for companies trying to comply with the Foreign Account Tax Compliance Act (FATCA).

clock 19 November 2012 •

Investing in the profession

Freedom Financial Planning to offer free advice to schools

Derbyshire-based financial planners, Freedom Financial Planning, is to offer free financial advice to a local school in aid of Financial Planning Week.

clock 19 November 2012 •

Pensions

Pension funds lose case against Henderson

A high court judge has ruled against the 22 pension funds attempting to sue Henderson Equity Partners for allegedly breaching the mandate for its Private Finance Initiative Secondary Fund II.

clock 19 November 2012 •

Pensions

London & Colonial launch multi-platform SIPP and annuity

London & Colonial has launched a Multi -Platform self-invested personal pension and an Open Annuity today.

clock 19 November 2012 •
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