The chancellor George Osborne has introduced a new Lifetime Isa which allows anyone under 40 to save up to £4,000 each year tax free, with the government giving savers £1 for every £4 saved.
Over half of UK financial advisers say their client’s appetite for risk has decreased over the last year – with some saying the drop has been ‘dramatic’, according to new research by online investment platform rplan.
Accountants working in the UK are ill-equipped to deal with the growing demand for personal financial advice following recent changes to early pension access, according to a new poll by retirement lending adviser Bower Private Clients.
Global asset management firm Legg Mason has merged its subsidiary Martin Currie Global Funds (MCGF) into its Legg Mason Global Fund (LMGF), as part of a move to exploit greater economies of scale, the firm has revealed.
UBS Wealth Management has warned that significant parts of the FTSE 250 index would be likely to underperform in the aftermath of a British exit from the European Union.
Lombard International Assurance, a provider of wealth structuring solutions for high net worth clients, has launched a new wealth planning product designed to meet the needs of US taxpayers and prospective US residents currently residing in the UK.
The British pound is “not the only casualty” of uncertainty resulting from the upcoming referendum on whether to remain or leave the European Union, according to head of credit strategy at BlueBay Asset Management, David Riley.
A Brexit, where the UK votes to leave the EU, offers a lot of risk with little obvious reward, according to the world’s largest fund manager BlackRock.
There would be serious implications for Gibraltar were the UK to withdraw from the EU, according to an official UK government paper published on Monday.
Capital raised by clients of UK-based social impact investment intermediary ClearySo surpassed £100m ($143.2m, €128.7m) this month, with £60m coming directly from the company’s network of institutional and high-net-worth individual investors.
The number of British adults living overseas temporarily is increasingly sharply with growth dominated by larger numbers of women and young people working abroad, according to a new survey.
As we enter winter there are clouds on the horizon for the United Kingdom economy and Chancellor George Osborne has to deliver his Autumn Statement against an increasingly murky backdrop.
