Regions
Retirement | 29 Jul 15
Gov’t considers scrapping ‘regressive’ HNWI pension relief
UK pensions minister Ros Altmann has confirmed that the Government is considering the abolishment of the remaining “regressive” pension tax relief for high earners after slashing the benefits in last month’s Budget.
United Kingdom | 29 Jul 15
RSA share price rises as Zurich Insurance eyes takeover
The Zurich Insurance Group is considering a bid for UK-listed RSA Insurance.
SJP jumps into DFM space with Rowan Dartington acquisition
St James’s Place have bought Rowan Dartington for a cash consideration of as much as £34m, the firm announced on Tuesday.
Quantum China cool on Mutual Fund Recognition
Foreign firms planning on a Hong Kong-domiciled product for the Mutual Recognition of Funds initiative will likely find limited appeal in China, said Anthony Yeung, managing partner and chief executive of Quantum China Asset Management.
China share slide will not spill over to global markets, says L&G IM
China shares fell further on Tuesday after a huge sell-off at the start of the week, but an equity strategist from Legal & General Investment said it was an “isolated event” which will not significantly impact international markets.