Chinese equity rout slows but at what cost?
Chinese markets rose on Thursday, bringing relief from the frenzied selling that had characterised markets over the past few days and hope that the authorities increasingly heavy-handed measures to stop the rout had finally begun to work.
Inflows into ETFs see record first half despite market volatilty
Strong inflows into exchange traded funds (ETFs) this year, which have grown during the recent market volatility, has underscored the growing strategic role the products are playing in investor portfolios, according to industry observers.
Investment | 8 Jul 15
Smith & Williamson’s Burns snaps up more UK exposure
Smith & Williamson has this week upped its UK equities weighting and may add further to it in the coming weeks, head of multi-manager at the firm James Burns said.
Tax & Regulation | 8 Jul 15
UK gov’t to cut pension allowances for high income earners
The UK government will begin to reduce pension annual allowances for those on incomes of over £150,000 from April next year, the chancellor George Osborne announced in his Summer Budget.
Tax & Regulation | 8 Jul 15
ISA-like pensions on the cards in ‘radical’ Green Paper
Pensions could be taxed like ISAs as part of a fundamental reform of tax relief, chancellor George Osborne said in today’s UK Budget.