United Kingdom
Macro Views | 4 Feb 16
BoE unanimously holds rates, cuts growth outlook
In an unexpected move, the Bank of England’s (BoE) entire nine-member rate setting committee voted to hold interest rates at 0.5%, and cut its GDP growth forecast.
Tax avoidance claims management firm Rebus in administration
Crowdfunded claims management company Rebus, which specialised in pursuing companies for mis-selling investments later deemed to be tax-avoidance schemes, has entered administration.
United Kingdom | 4 Feb 16
City of London Police looking for victims of potential Ponzi scheme
The City of London Police is appealing for more victims to come forward of a potential Ponzi scheme which targeted members of the Gurka and Nepalese community.
Retirement | 3 Feb 16
Pension costs a growing concern for UK employers, ACA says
The rising costs of providing pensions to staff is becoming a bigger concern to UK employers, according to the final report by Association of Consulting Actuaries (ACA) on its 2015/16 pension trends survey.
Tax & Regulation | 2 Feb 16
Legg Mason cuts trail commission from UK authorised fund range
Global asset management firm Legg Mason has announced plans to cut out trail commissions on its UK authorised funds effective from 1 April 2016 in line with the rules set down in Retail Distribution Review (‘RDR’).