Troubled conditions did remain last week, not that it was too difficult to forecast the continuation of volatility in markets. Sentiment is fragile and it is hard to see confidence being restored soon.
Mortgage experts believe that the next move in the base rate could be down after the Bank of England’s monetary policy committee held the rate at 5.75 per cent last week.The decision was widely expected after inflation fell in July to 1.9 per cent from 2.4 per cent in June, below the Government’s target rate […]
Fiona Tait – Pensions Specialist, Royal London The DGS is more than just a pretty website, it can help you to target those clients who are most likely to be affected by the proposed cut in the Money Purchase Annual Allowance MPAA). Clients who have triggered the MPAA When it was launched Royal London automatically uploaded […]
The FCA has published a new video for consumers to help them understand pension transfer advice. The video, fronted by Mark Gould from the regulator’s communication team, runs through what clients should expect when discussing a defined benefit transfer with an adviser, and the kind of process advisers should be following with them. At the […]
HSBC is in the running to acquire the Asian assets of Aviva, according to reports. People familiar with the matter say the bank is looking at ways to diversify its business in the region, Bloomberg writes. Plans are currently being drawn up for an offer for at least part of Aviva’s Asian business, but are […]
The former head of South-African headquartered financial services group Old Mutual Limited is suing the firm over wrongful termination, the company has said, as a legal battle between the pair drags on. Earlier this year, it emerged that Old Mutual had fired Peter Moyo over a disagreement around dividend approvals. Old Mutual claims that Moyo […]