Financial journalists may not seem like the best at keeping secrets – unless its from their own boss. One finance hack is doing exactly that after stepping into the boxing ring last weekend.The mild-mannered scribe had no fear as he slugged it out and emerged as the champ after three rounds at London’s Hammersmith Palais. But he was distinctly nervous at letting his boss in on the bout and breathed a big sigh of relief at being able to turn up for work without a black eye.
Abbey head of multi-manager John Kelly has warned investors about the dangers of junk bonds.
Solicitors can introduce general insurance products to non-independent sectors of the adv-isory market under new guidelines from the Law Society.
The FSA has banned a senior partner from The Michael Harding Partnership from holding approved person status.
Former Bankhall IT director Nigel Hopwood is leaving the firm after two years following a merger of its IT and operations departments. Hopwood is assisting new IT and operations director David Scott with the merger. Bankhall says that the move is an indirect result of the new environment created by the regulation of the general […]
Despite the sharp drop in housebuilders following the Brexit result, valuations in the highly illiquid market are still at elevated levels. And whilst some investors may take comfort from superficially low price/earnings multiples, are earnings sustainable over the long term, asks Holly Cassell, Assistant Manager of the Neptune UK Mid Cap Fund. Click here to […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]