January 2013 - Charterbridge

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Monthly Archives: January 2013

Barclays prepares to pay new chief a seven-figure bonus

Barclays prepares to pay new chief a seven-figure bonus Barclays is preparing to hand its chief executive Antony Jenkins a bonus of at least £1m for 2012 – a year when the bank was fined £290m for its part in the Libor-rigging scandal and set aside £1bn for mis-selling payment protection insurance. The award of […]

How a Financial Planner can help you.

Financial planning – the collaborative approach. Financial planners work with you to create specific plans for your money to achieve your chosen financial positions (or ‘goals’), as contrasted with a stockbroker who advises on investments, a bank or life insurance intermediary who advises on financial products, or accountants and solicitors who advise on tax, trust […]

Reykjavik off the hook for Icesave’s multibillion payout

Reykjavik off the hook for Icesave’s multibillion payout Iceland has avoided a £4.4 billion compensation bill from Britain after the Court of the European Free Trade Association ruled that it was not obliged to compensate 300,000 British savers who lost their money through Icesave internet savings accounts. The Times, p. 29 Also appeared in : […]

RDR 2013 Explained

The quality of financial advice is on the rise.  This is because professionals in the sector faced the biggest shake-up in the sector’s history – the Retail Distribution Review- which went live on 1 January 2013. Higher qualifications A higher standard of qualification was enforced and all advisers must now subscribe to a code of […]

Carney willing to let inflation stay high

Carney willing to let inflation stay high The new Bank of England Governor, Mark Carney, has hinted that he will take a more aggressive stance on monetary policy to allow the economy to reach “escape velocity”. The Canadian, who will begin his role in July, said that, although price stability was important, there were “tolerances” […]

Weekend Economic News Round Up

Stick to strategy and Britain risks a ‘lost decade’, Osborne warned Jim O’Neill, the influential chairman of Goldman Sachs Asset Management warned the Government last night against clinging dogmatically to its deficit strategy to protect Britain’s credit rating. Official figures showed that Britain is suffering the worst post-crisis performance of any G7 nation, barring Italy, […]

Charterbridge recruiting

    Charterbridge is recruiting We’re expanding and would like to talk to local FPC client facing financial professionals. You must be able to demonstrate a track record of providing client care at the highest level and enjoy working with colleagues to support our clients‘objectives. Please forward your CV by post or email: Allan Bullock […]

Pensioners face paying extra tax on savings

  Pensioners face paying extra tax on savings  The Office of Tax Simplification says more than half a million savers, most of them pensioners, should be forced to pay more tax, and banks and building societies should be told to do more to check the tax status of pensioners’ savings accounts. Daily Telegraph,  p. 14 Also appeared […]