United Kingdom
Barclays to sell its stake in Africa bank
Barclays Bank has announced its intention to sell its 62.3% stake in its African business, Barclays Africa Group Ltd (BAGL) over the next two to three years as it faces regulatory pressure over capital requirements and FX erosion.
Retirement | 29 Feb 16
Five retirement planning fundamentals
With the tempo of pension reforms unlikely to slow, there are sure to be new pitfalls to avoid. But according to St James’s Place there are five retirement planning fundamentals that will remain. Use the arrows on the images below to find out what they are.
Tax & Regulation | 29 Feb 16
Tax grab from UK lifetime allowance limit rises sharply
The amount of tax the UK government collects from pension savers who have breached their lifetime allowance (LTA) has almost quadrupled since George Osborne became chancellor, The Sunday Times reported.
Top UK fund manager Pease takes Henderson to court
Well known UK fund manager Richard Pease has filed a high court claim against his former company Henderson Global Investors over what he sees as unpaid money owed, according to a Sunday Times report.
L&C adds Quilter Cheviot to advisory panel for low-cost Qrops
London & Colonial (L&C) has added Quilter Cheviot to the panel of approved discretionary fund managers (DFMs) for both its low cost Qrop and Sipp pension schemes.