Royal London calls for change May 12, 2015 ROYAL London yesterday called on the Tory government to help savers navigate the new pensions regime as it reported a 40 per cent rise in new business. The company laid out a five-point plan it wants the government to examine, including a review into tax relief on pension contributions and affordable financial advice. Chief executive [...]
YouGov: Why you should still trust our research – Brand Index May 12, 2015 After 15 years of getting every election right and setting new standards of accuracy in both polling and market research, YouGov got an election wrong. Sure, every other pollster got it wrong, too. But YouGov has become the face of the industry, and now there’s egg on it. This matters to readers of this [...]
Just Retirement diversifies after pension reform May 12, 2015 Just Retirement yesterday reported a 22 per cent fall in sales over nine months, but said demand for its newer products had protected it from a harsher knock from British pension rule changes. Pension changes, announced last March, mean people who are retiring no longer need to buy an interest-bearing annuity with their pension savings. [...]
Saga share sale increased after demand grows May 12, 2015 Advidors were forced to increase the size of the Saga share sale to 122.5m yesterday evening after strong demand. The shares will be priced at 195p. Acromas had earlier announced that it intended to sell a minimum of 77m shares in specialist insurance group Saga, representing a seven per cent stake in the company. The [...]
Starmine award sends Liberum back into orbit May 12, 2015 CHAMPAGNE corks must have been popping on Ropemaker Street yesterday, after Liberum analyst Eoin Lambe scooped the prestigious Starmine gong for best overall stockpicker 2015. Lambe, who joined the broker in 2009 after a short time as an engineer, was judged to have had the most accurate record when it came to bequeathing buy and [...]
Liverpool star Steven Gerrard heads for a different Galaxy May 12, 2015 LIVERPOOL captain and midfield star Steven Gerrard and his wife Alex are preparing for a short break before he kicks off his US career with LA Galaxy this summer. Gerrard, 34, who has collected 114 caps for England over a glittering career, started in the Liverpool youth team at the age of nine, and plays [...]
Wales’ mobile network Aims to hit profit target May 12, 2015 WIKIPEDIA founder Jimmy Wales’ mobile phone network, the People’s Operator (TPO), released its audited full year accounts for 2014 yesterday. The results showed losses widened to £2.3m in 2014, from £1.5m in 2013. However, the insurgent mobile operator, which donates 10 per cent of each customer’s bill to a charity of their choice, increased revenue [...]
Sales of Mini five-door models motoring as BMW hits April high May 12, 2015 BMW car sales rose 5.6 per cent, to a record 148,896 last month, as strong demand for its 2-Series van in Europe and offroad vehicles in the US helped offset sluggish Chinese demand. Meanwhile, deliveries of the Mini brand rose 28 per cent, to 26,766, due to full availability of the new three- and five-door [...]
Housing recovery lifts builders’ firm Grafton May 12, 2015 BUILDERS’ merchanting and DIY group Grafton yesterday posted upbeat results for the first four months of the year, as the continuing recovery in the economy and housing market helped boost demand for repair and improvement jobs. The company, which trades under brands including Plumbase and Selco in the UK, Ireland and Belgium, said that group revenue [...]
New schemes lift vacancy rates at CLS May 12, 2015 PROPERTY group CLS Holdings said yesterday it enjoyed a strong start to the year, due to steady demand from potential occupiers in its sites, particularly in London. The FTSE 250 firm said that vacancy rates had risen to 4.8 per cent since the start of the year to 12 May, after it completed several schemes [...]