Barclays customers taking out its 6.5 per cent cash Isa may have to wait almost four weeks for accounts to be opened because of a huge backlog due to massive demand. It promises to backdate interest to the day the contract was signed.
Chris Salih says a late upturn in sales saved the Isa season.
The changing nature of equity income has made it near impossible to distinguish between those managers who seek to provide a rising dividend and those willing to sacrifice some income in favour of potentially higher capital gains.
A new survey of pension statements claims major companies are failing to reach an acceptable benchmark for service.
Fidelity’s Tim McCarron has reassured investors that despite four years of strong returns there is still scope for European growth.
In recent years, a popular narrative about the global economy has been that it is ‘stuck in a low gear’, with central banks unable to tighten policy. As recently as a year ago, there was much talk about the pros and cons of negative interest rates. This year, however, instead of a barrage of media […]
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PFS chief executive Keith Richards on keeping the trade body ‘modern, relative and inclusive’
A former adviser who was convicted of 37 counts of fraud has been banned by the FCA. In a final notice published on the FCA website yesterday, the regulator has prohibited Alok Dhanda from “performing any function in relation to any regulated activity carried on by any authorised person, exempt person or exempt firm”. Dhanda […]
There is no chance the FCA will let the issue rest but any policy decisions need to be informed by facts, not rhetoric