CORPORATE TAX REFORMS November 29, 2010 Q.HOW LONG BEFORE ANY CONCRETE PROPOSALS? A.The consultation is likely to last for around six months. The Treasury then intends to bring forward permanent reforms to the CFC?regime in 2012. In the meantime the Treasury is proposing to put forward interim measures regarding the CFC regime in a Finance Bill next year. Q.WHAT IS BEING [...]
The pensions chief who says that investors are no longer a soft touch January 23, 2011 It is easy to see why the chairman of the National Association of Pension Funds (NAPF) looks more relaxed these days – this coalition government is less keen on beating shareholders over the head. Lindsay Tomlinson is lounging on a sofa in a bright modern office in the NAPF’s headquarters on Cheapside, opposite the recently-opened [...]
ABI director quits for FRC April 21, 2010 THE Association of British Insurers (ABI)’s director of investment affairs is to stand down after a decade at the institution. Peter Montagnon will take up a new role as senior investment adviser to the Financial Reporting Council (FRC). Montagnon said: “After nearly a decade in this role, now is the right time to take up [...]
Shareholders urged to sign up to new Stewardship Code September 15, 2010 SPEAKERS at the ABI’s investment conference yesterday urged company shareholders to sign up to the government’s new Stewardship Code, arguing that improving the long-term attitude of investors is crucial in order to hold at bay radical changes to governance regulation at a European level. Peter Montagnon, who left the ABI earlier this year to become [...]
Twickenham passion can inspire famous win November 11, 2010 ENGLAND head into tomorrow’s grudge match against Australia if not riding the crest of a wave, then certainly with a new sense of optimism following last weekend’s rousing second-half comeback against New Zealand. The Wallabies, fresh from a win over Wales in Cardiff, will provide a stern test of our credentials, but England should believe [...]
Double joy for England’s 4x100m sprint teams October 12, 2010 ENGLAND’S men and women completed a sprint relay double in Delhi last night as Londoner Leon Baptiste claimed his second gold of the Commonwealth Games. Baptiste, who won the 200m title on Sunday, helped the men’s 4x100m team outstrip Jamaica, who took silver, and bronze medallists India. Mark Lewis-Francis, fresh from his silver in the [...]
Double joy for England’s 4x100m sprint teams October 12, 2010 ENGLAND’S men and women completed a sprint relay double in Delhi last night as Londoner Leon Baptiste claimed his second gold of the Commonwealth Games. Baptiste, who won the 200m title on Sunday, helped the men’s 4x100m team outstrip Jamaica, who took silver, and bronze medallists India. Mark Lewis-Francis, fresh from his silver in the [...]
Oyepitan joy at winning 200m silver October 11, 2010 ENGLAND’S Abi Oyepitan is targeting glory at the London Olympics in 2012 after finally cracking the big time by winning 200m Commonwealth silver. Londoner Oyepitan, 30, has seen her progress hampered by nagging injuries since reaching the final of the Athens Games in 2004. But she returned to form in style yesterday in Delhi, outshining [...]
Insurers face new wave of regulation October 17, 2010 THE business agenda has been dominated by the latest developments in the regulation of banks. From Basel III to new European banking regulations on capital, much has been said on how much capital banks should hold. Much less focus has been on Solvency II, the European Directive which will dramatically change the way insurers are [...]
ABI calls for restraint on executive pay packages January 10, 2010 DIRECTORS at Britain’s largest banks have been warned against tarnishing their reputations by developing schemes to exempt top earners from higher income tax. The Association of British Insurers, whose members own nearly a fifth of the stockmarket, said it “would not be able to approve” salary structures that focused on avoiding the forthcoming 50 per [...]