The FSA has issued a consultation paper proposing a number of Handbook changes required to implement aspects of the Payment Services Directive.
Ever since I began writing for Money Marketing many years ago, one word has featured in almost every serious discussion about financial services – trust.
Almost 500,000 direct mortgage applicants had to apply four or more times to be accepted in the last 18 months, claims GE Money Home Lending.
I am worried that we are in recessionary times and I may lose my job. Am I right to be worried and what I should do to prepare financially?
In this short video, Martin Foden, head of credit research at Royal London Asset Management, discusses how convenience is affecting the construction of fixed income portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not […]
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Phoenix is set to shed roles in a redundancy round following its decision to buy parts of Axa’s business last year. The closed-book provider snapped up Axa Wealth businesses Embassy, its off-platform investment and pension division and Sun Life, its direct protection business, in a deal signed last May, before also buying rival closed-book operation […]
Hargreaves Lansdown has removed Paul Chesson’s Invesco Perpetual Japan fund from the Wealth 150 list of recommended funds due to its volatile performance. Chesson, head of Japanese equities, has run the £318m fund since 2000 and takes a high conviction, contrarian approach to investing. Investment analyst Dominic Rowles says that while this has led to […]
Firms will not necessarily have to advise on every relevant investment product but it will be difficult to discount structured deposits