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News

Investment Trusts

£1.2bn Caledonia investment trust to adopt more concentrated mandate

The manager of the £1.2bn Caledonia Investment trust is aiming to increase its yield by revamping it into a more concentrated portfolio.

clock 03 June 2011 •

uncategorised

Treasury admits thousands will ditch public sector pensions

Tens of thousands of local government pension scheme (LGPS) members will opt-out if Lord Hutton's proposal to increase contribution rates is implemented, the Treasury has admitted.

clock 03 June 2011 •

Investment

O'Neill leaves Standard Life following suspension

Standard Life's former managing director of corporate Gerry O'Neill has decided to leave the firm following his suspension last month, the provider confirmed today.

clock 03 June 2011 •

Income Protection

Jobcentre staff have 'serious reservations' about ESA reassessment roll-out

Jobcentre Plus staff have revealed ‘serious reservations' about a nationwide roll-out the reassessment of incapacity benefit claimants for Employment and Support Allowance (ESA).

clock 03 June 2011 •

Insurer

Friends Life appoints Steve Payne as protection MD

Steve Payne has been announced as managing director for Friends Life's protection business.

clock 03 June 2011 •

Investment

High Court orders six land banking companies to close

The High Court has ordered the closure of six land banking companies.

clock 03 June 2011 •

RDR

FSA tackles RDR 'myths' (part 2)

The FSA seems to believe there are many myths circulating about the Retail Distribution Review (RDR). This quarter the regulator busts the bogus info on passporting, discretionary investment management and restricted advice.

clock 03 June 2011 •

UK

Berkeley's Brian White passes away

Brian White, a co-founder of Midlands-based Berkeley Fund Managers and fund manager at GHC Capital Markets, has passed away unexpectedly.

clock 03 June 2011 •

Economics / Markets

Worrying US job stats cast shadow on recovery

Growth in US employment slowed down significantly last month, hitting global markets and adding to fears the economic recovery is stumbling.

clock 03 June 2011 •

Your profession

Are you ready to be rated by your clients?

A new website allowing clients to rate their independent financial advisers (IFA) and leave comments about their experiences has gone live.

clock 03 June 2011 •
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