RBS is offering a £4.7bn residential mortgagebacked security for the first time since the credit crunch began as it looks to raise capital to return to full private ownership.
Former Association of Independent Financial Advisers director general Chris Cummings begins his new role as chief executive of financial services promotional body TheCityUK today, leaving Aifa without a director general for an unknown period. Aifa has appointed a new director general, Stephen Gay, who is currently Aviva director of distribution development. Gay will also take […]
Godiva Mortgages – Residential 2.99% 3-Year Fixed
Stroud & Swindon Building Society Direct – 3-Year 2.99% Fixed
Equitable Life chief executive Chris Wiscarson says policy holders should accept a settlement of £2bn from the Government. Wiscarson told Sky News: “If we take the number of £4bn-£4.8bn and go to the lower end of that, what can the government really afford? £2bn for policy holders – that would be a great start.” Wiscarson […]
After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.
In the video, Martin addresses the following:
• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders
- Top trends
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]