Skandia has posted 19 per cent growth in sales in the first six months of this year with a business total of 301m. This brings its assets under management to a new high of 23bn. The company achieved 43 per cent growth last year.
This week Emma Lunn, freelance finance journalist
Last week’s interest rate cut has warmed the BTL market but there will be few new landlords entering the market according to Mortgage trust research.In its August 2005 analysis, 43.4 per cent of intermediaries believe BTL business levels will increased slightly while 34 per cent think it will remain at the same level. BTL intermediaries […]
Three directors of two vintage wine companies who ripped off customers with bogus investments have been banned by the High Court from being company directors following a successful prosecution by the Department of Trade and Industry. Liquid Acquisitions Lim- ited directors Andrew Michael Dunne and Thomas Sloan of Bromley, Kent have been disqualified for 10 […]
I am in the process of buying an annuity with my pension fund and have been offered a contract which increases annually in line with the retail price index, subject to a maximum of 5 per cent a year. The initial annuity equates to my current annual spend. Am I right in assuming that if inflation is less than 5 per cent a year, I will be able to maintain my current standard of living?
Artemis Pan-European Absolute Return Fund manager Paul Casson discusses his outlook and explains how he has positioned the fund for 2017. Click here to watch the video
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Advisers face headwinds but could cash in on new opportunities
The FCA is looking to improve the clarity of its register so warnings against bad advice firms such as those involved in unsuitable defined benefit pension transfers are easier to spot. In an interview with Channel 4 News last night, FCA supervision director Megan Butler recognised that the current display, which does not immediately show […]
Well there’s no need for VCT investors to be patient any longer. The Government’s Patient Capital Review response, which reviewed VCTs and EIS schemes and looked at the obstacles to getting long-term investment into firms, was published in the Autumn Budget. A collective sigh of relief could be heard when it became clear that the […]