Sipp investors will pump 8.5bn into the residential property market from next April, boosting demand in the housing market by almost 5 per cent. Research by Hargreaves Lansdown indicates that a further 1.5bn will be used to buy overseas property.
F&C Asset Management has recruited Jonathan Mann as director, emerging debt.Mann joins from Standard Asset Management, which is a division of Standard Bank.He will report to Helene Williamson who is head of emerging debt.Mann has worked for CRU International and GT Asset Management (now Invesco Perpetual), joining Standard Asset Management in 2004 where he has […]
A Tamworth mortgage and general insurance broker has been refused a consumer credit licence by the Office of Fair Trading. Tamworth-based Peter Collinson had been struck off the Roll of Solicitors by the Solicitors Disciplinary Tribunal for misappropriation of clients’ funds and other related offences according to the OFT’s adjudicator.
Mortgage firms are holding back from advertising because of concerns about new financial promotion rules, according to Mortgages plc. The lender is concerned that calculating requisite details such as representative APR may be out of reach of the expertise of some smaller firms and sole traders. In research undertaken by the all-status lender, 24 per […]
Wills & Co
The Advance Fund
Last year proved to be a busy time for Johnson Fleming’s events team. In addition to attending and hosting events across the country, the company orchestrated a series of webinars that took place throughout the year.
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Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]