Chancellor George Osborne surprised the City today in his Autumn Statement by scrapping the stamp duty on Exchange Traded Funds - among a raft of measures to boost business and investment. Read more ...
The Bank of England today maintained the Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion.
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AXA Wealth says that the Chancellor could have done more to encourage pension saving in his Autumn Statement today to ease the pain of a higher retirement age. Read more ...
The Association of Investment Companies has welcome moves in the Autumn Statement that will mean Venture Capital Trusts can be invested in through platforms. Read more ...
Detailed analysis of the "oldest old" from the 2011 Census has revealed the UK has 1.25m people aged 85 and over – growth of nearly 250,000 in 10 years. Read more ...
Legal & General Investment Management (LGIM) has announced that fund manager Richard Hodges will take on the management of three Legal & General fixed income funds. Read more ...
Edward Bonham Carter, the high profile group chief executive of Jupiter Asset Management, is to be succeeded by distribution and strategy director Maarten Slendebroek next March. Read more ...
The Financial Services Consumer Panel has called for urgent change in the "non-advice" annuity market which it says "does not work well for the majority of consumers."  Read more ...
Aviva has revamped its life and critical illness cover in a move which it says will make it easier to make claims. Read more ...
Sipp and SSAS provider Xafinity is urging advisers to factor in the possibility of their provider exiting the Sipp market after Capita decided to quit Sipp administration. Read more ...
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