Global debt has surpassed $152tr (£120tr) for the first time ever, according to the International Monetary Fund. The IMF warns that the debt mountain is dragging on economic growth and could lead to the economic recovery after the financial crises turning back in to a recession. Two thirds of the debt lies in the private sector, which the […]
Convicted investment scammer Alex Hope has had his seven year jail sentence increased by more than 18 months after failing to paying the full value of a confiscation order made against him. Between March 2011 and April 2012, Hope took £5.5m from more than 100 investors, and used more than £2m of the money to fund his extravagant […]
Standard Life may have to pay out up to £125m as part of its review of non-advised annuity sales. The provider has said it is carrying out a review of all non-advised annuity sales from July 2008 to investigate whether customers were given enough information about the ability to take out an enhanced annuity. It […]
Many commentators have suggested the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune Head of European Equities Rob Burnett discusses the likelihood of this happening. Click here to read more Important informationInvestment risks Neptune funds may have a high historic volatility rating and past performance is […]
Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.
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