View more on these topics

Bolton says bull market is over

Fidelity’s influential special sits fund manager Anthony Bolton says that the current bull market has run its course.

Speaking at the Securities and Investment Institute on Wednesday 24th, Bolton said of the current market volatility: “I think it could be the end of the bull market but it will take months not days.”

Bolton added: ” I’ve been more cautious in the last few weeks. The bull run has been three years plus. I have been looking at clients and stocks and what people are doing and thought this party has to end. The appetite for risk was worrying.”


Principle approach will fail in retail sector, says Sergeant

The FSA’s principle-based regulation regime is unlikely to work in retail financial services, says former FSA managing director Carol Sergeant. Sergeant, who was John Tiner’s main rival for the job of FSA chief executive and is now Lloyds TSB chief risk director, told the Building Societies’ Association conference in Manchester last week that a prin-ciple-based […]

Get Hip to the opportunities

I was interested to read the survey from the Association of Mortgage Intermediaries regarding intermediaries’ views on home information packs. With 68 per cent of the AMI’s members considering the impact of Hips on their business, it intrigued me how only 7 per cent are planning to produce Hips in-house while 46 per cent plan […]

Newcastle merges with rival as society consolidation continues

Universal and Newcastle Building Societies will merge at the end of the year. The enlarged society will remain a mutual and will be named Newcastle Building Society.?Under the merger, current Newcastle chief executive Colin Seccombe will be CEO of the enlarged company. Universal chief executive Kevin Robinson will be appointed director of integration, a non […]

Mortgages plc to set up direct arm

Mortgages PLC will launch a direct arm later this year, as its parent Merrill Lynch looks to increase its UK mortgage market share. MPLC has yet to determine a brand name but says its product range will be the same as its intermediary offering.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm