New ‘polluter pays’ tax on high-rises will fund repair of fire safety defects in wake of Grenfell

New ‘polluter pays’ tax on high-rise developments will fund repair of fire safety defects – including unsafe cladding – in the wake of Grenfell Housing Secretary Robert Jenrick will reveal details of a ‘polluter pays’ tax  Sources said the move would protect leaseholders and taxpayers from the cost More than a million private flats are … Read more

Be single minded and pick ONE multi-asset fund

Multi-asset funds are designed to make life easy for investors. They purport to offer a one stop ‘mini portfolio’ so that investors don’t have to construct one themselves.  The idea is that instead of battling the complexity of picking a range of funds, equities, bonds and other assets, investors can simply pick one. The fund … Read more

Britney Spears is ‘hopeful’ for ‘huge changes’ in conservatorship as hedge fund steps down

Britney Spears appears to be feeling optimistic about the status of her conservatorship after returning from a refreshing vacation in Maui, Hawaii. The 39-year-old pop superstar ‘is hopeful that there will be huge changes’ in her conservatorship, a source told People on Friday. She was flying high even as Bessemer Trust Co., the hedge fund assigned … Read more

How Australians could have their pay docked to fund super increasing to 10 per cent

Why YOU should read your employment contract very carefully to avoid getting a pay cut under new super rules that started this week Employer super contributions on July 1 rose to 10 per cent from 9.5 per cent RateCity research director Sally Tindall said this could come out of pay levels  Former Labor PM adviser … Read more

Chancellor Rishi Sunak to raid pensions for UK’s growth fund

Chancellor Rishi Sunak to raid pensions for UK’s growth fund: Treasury draws up plan to help boost economy By Emma Dunkley, Financial Mail On Sunday Published: 21:51 BST, 26 June 2021 | Updated: 22:08 BST, 26 June 2021 The Government has held private talks over plans to channel tens of billions of pounds of pension … Read more

Eton to fund three new sixth form colleges aimed at young people who live in deprived areas

Eton College has signed an agreement with an academy trust to open three selective state sixth form colleges for young people who live in deprived northern areas.   The landmark agreement, which was signed this month, has seen the 581-year-old independent boarding school form a partnership with Star Academies to open three highly selective sixth … Read more

fund focus: Small firms…but the chance of a big return

INVESCO PERPETUAL UK SMALLER COMPANIES INVESTMENT TRUST: Small firms…but the chance of a big return By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 12 June 2021 | Updated: 21:51 BST, 12 June 2021 Fund manager Jonathan Brown believes the second half of this year should prove fruitful for investors in UK smaller companies.  … Read more

STONEHAGE FLEMING AIM FUND: Small firm fund up 60%

STONEHAGE FLEMING AIM FUND: Small firm fund that seeks big gains is up 60% By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 5 June 2021 | Updated: 21:51 BST, 5 June 2021 Investing in shares listed on the Alternative Investment Market (AIM) provides a chance to participate in the success of some of … Read more

Crispin Odey’s hedge fund firm bucks green investing trend

Crispin Odey’s hedge fund firm bucks green investing trend by backing a Norwegian oil company – and betting against renewable energy stock By Emma Dunkley, Financial Mail On Sunday Published: 21:51 BST, 5 June 2021 | Updated: 23:08 BST, 5 June 2021 Crispin Odey’s hedge fund firm has bucked the green investing trend by backing … Read more

British Airways hands over pension fund management to BlackRock

British Airways hands over the running of its mammoth £21bn pension fund serving 85,000 members to US investment giant BlackRock Transfer of management involves the Airways Pension Scheme  It also encompasses the New Airways Pension Scheme which shut in 2018  By Jane Denton For Thisismoney Published: 12:20 BST, 2 June 2021 | Updated: 12:26 BST, … Read more