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AXA and Ascentric see assets top £5bn in 2012
- Friday, 07 December 2012
- Articles
AXA Wealth's Elevate wrap platform now has over £5bn in assets under management. The company says this represents a rise in assets of more than 40 per cent since the start of 2012 (up from £3.5bn.
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GDP down by 0.1% in the euro area and up by 0.1% in the EU27
- Friday, 07 December 2012
- Articles
GDP fell by 0.1% in the euro area (EA17) and increased by 0.1% in the EU27 during the third quarter of 2012, compared with the previous quarter, according to second estimates published by Eurostat, the statistical office of the European Union.
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VCT managers believe Chancellor's pension changes could boost VCTs
- Thursday, 06 December 2012
- Articles
The Association of Investment Companies says VCT managers believe they can fill some of the gap left after the Chancellor's announcement this week that from 2014-15 tax relief will only apply to pension savings up to £40,000 annually and up to £1.25 million over a lifetime.
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Towers criticises Autumn Statement annual pension allowance cut
- Thursday, 06 December 2012
- Articles
Towers Watson, the consultancy firm, has voiced concern about the impact of the Chancellor's reductions in pension allowances.
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Full summary of key announcements in Autumn Statement
- Wednesday, 05 December 2012
- Articles
Full summary of Autumn Statement announced by George Osborne today including all the figures relating to pensions and tax allowances.
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UPDATED: Reactions to Chancellor's Autumn Statement
- Wednesday, 05 December 2012
- Articles
Financial Planning firms and providers have given a mixed response to today's announcements made by Chancellor George Osborne in his third Autumn Statement.
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Chancellor cuts pension contribution limits and lifetime allowances
- Wednesday, 05 December 2012
- Articles
The Chancellor has finished his third Autumn Statement in the House of Commons at 1.21pm, with cuts to the pension contribution limits and the lifetime allowance.
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Chancellor announces Britain's economy is healing
- Wednesday, 05 December 2012
- Articles
Chancellor George Osborne has made his first set of announcements in his third Autumn Statement.
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George Osborne begins Autumn Statement in the Commons
- Wednesday, 05 December 2012
- Articles
Chancellor George Osborne has begun give his Autumn Statement in the House of Commons, saying it will be an Annual Statement about how the British economy is healing.
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FSA consults on LIBOR recommendations made by Martin Wheatley
- Wednesday, 05 December 2012
- Articles
The Financial Services Authority has proposed new rules for financial benchmarks following recommendations made in the Wheatley Review into LIBOR.
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