The improvements in public finances make it less likely the Chancellor will be forced to raid pensions in the autumn, believes former Pensions Minister and Royal London director of policy Steve Webb.
Brexit could be followed by significant change to financial services regulation in the UK, Chancellor Philip Hammond indicated today in his Spring Statement.
Chancellor Philip Hammond said at the start of his Spring Statement in the Commons today that he would provide a Written Ministerial Statement providing more details of his announcements. Here is the statement in full:
Chancellor Philip Hammond today forecast lower GDP growth this year of 1.2% - significantly down on the 1.6% he forecast last autumn.
Cash is still king of the ISA pack 20 years after the tax free accounts were introduced.
Wealth manager and Financial Planner Rowan Dartington, part of St James’s Place, has hired David Hobbs, managing director at Aegon Investments, as its new CEO subject to regulatory approval.
Chancellor Philip Hammond will unveil his Spring Statement today in the House of Commons against a backdrop of Brexit turmoil.
Martin Gilbert, co-founder of fund manager Aberdeen, has stepped down as co-chief executive of merged group Standard Life Aberdeen as the company moves to a single CEO.
Investment research and fund ratings group RSMR has announced changes to its board following investment by Benchmark Capital.
Aegon’s head of platform distribution Martin Coyle has left the firm following a recent ‘structural review’.
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