Open up the Lifetime Isa to over-40s, say fund groups
A campaign group representing large banks and asset managers is lobbying the government to open the Lifetime Isa up to older savers. The Lifetime Isa can only be opened by those aged between 18-39,...
View ArticleInvestors Chronicle: Character Group, Phoenix Spree, J Sainsbury
Buy: Character Group (CCT) International sales were down, but importantly they remained flat in the UK — the company’s largest market, writes Julia Faurschou. Unfavourable currency movements and weak...
View ArticleArguing over who gets to own a clearing-house time bomb
Wall Street people underestimated how nasty and political the struggle over the post-Brexit fate of European clearing houses would become. This week the European Commission offered threats to...
View ArticleSaturday Newspaper Summaries
<!– Start of DoubleClick Floodlight Tag: Please do not remove Activity name of this tag: citywire money URL of the webpage where the tag is expected to be placed: http://www.citywire.co.uk/money...
View ArticleSaturday Papers: Conservatives win big in local elections
And Pearson investors revolt against boss John Fallon’s pay at stormy AGM. Source link
View ArticleSunday Papers: Barclays chief given final warning
And City cuts weekend short to tackle fallout from French election. Source link
View ArticleKushner’s sister uses family name in Chinese investment pitch
Jared Kushner’s sister appeared at a Beijing sales event at the weekend to pitch Chinese investors on a New Jersey real estate project, an event that touted the Kushner name and “government support”...
View ArticleFive steps to become a pension millionaire
2. Claim tax perks The big advantage of saving through a pension, compared to an Isa, is the tax relief offered by the Government. Most people can save £40,000 a year into a pension and receive these...
View ArticleWall Street frets as capital markets trading activity trails off
An eerie calm in capital markets is fuelling fears on Wall Street that a first-quarter rebound in trading revenues could prove a one-off. Big investment banks reported generally solid profits over the...
View ArticleItaly’s bad debt problem refuses to go away
When Lonestar, the US private equity firm, sold a batch of non-performing Irish housing loans late last month, it was a sign that a recovery in the country’s property market was helping to ease the...
View ArticleRisk of global dollar shortage moves on to investors’ radar
When two major international organisations highlight the same issue, investors should pay attention. When the issue is the risk of a scarcity of dollars outside the US, then arguably everyone should...
View ArticleEuro and stocks slip after French vote
Monday 09:20 BST What you need to know • The euro is losing momentum after touching a six-month high, down 0.4 per cent at $1.0956 • European equities markets are falling back, led by banks as initial...
View ArticleRich List: Terry Smith surges in post-Brexit billionaire boom
Star fund manager Terry Smith has surged up the Sunday Times’ Rich List in a post-EU referendum stock market boom for the UK’s super wealthy. According to the annual study, Citywire AAA-rated Smith...
View ArticleRich List: Terry Smith surges in post-Brexit boom
Star fund manager Terry Smith has surged up the Sunday Times’ Rich List in a post-EU referendum stock market boom for the UK’s super wealthy. According to the annual study, Citywire AAA-rated Smith...
View ArticleFrench stocks and euro ease after Macron wins election
The euro dropped and French stocks were weaker on Monday morning as attention turned to economic growth and the challenges of implementing a reform agenda after Emmanuel Macron's widely predicted...
View ArticleInvestors to trade crowdfunding shares
A crowdfunding website will allow investors to trade their shares with each other for the first time in a move that signals the growing popularity of the asset class. Seedrs, the UK’s second-largest...
View ArticleBP and Shell help FTSE edge higher on Opec hopes
<!– Start of DoubleClick Floodlight Tag: Please do not remove Activity name of this tag: citywire money URL of the webpage where the tag is expected to be placed: http://www.citywire.co.uk/money...
View ArticleInvestors focus on challenge for Macron to guide euro and shares
Relief was fleeting for French equities and the euro on Monday as investors examined the challenge facing Emmanuel Macron as the country’s incoming president. Analysts are looking at several factors...
View ArticleThey're back! Investors pile into equity funds
Investors piled back into the stock market in March with net retail sales of investment funds jumping to a record £4 billion. With political risks appearing to diminish on both sides of the Atlantic,...
View ArticleTuesday Papers: May sticks to 100,000 a year net migration target
And Apple surpasses $800 billion valuation mark – as US broker suggests it could be worth more than $1 trillion. Source link
View Article