A Tamworth-based mortgage and general insurance broker has been refused a consumer credit licence by the Office of Fair Trading. Peter Collinson had been struck off the roll of solicitors for misapp-ropriation of clients’ funds and other related offences, according to the OFT’s adjudicator.
Iimia’s multi-manager team has begun to invest in alternative energies across its fund range, predicting that governments will raise taxes on oil firms.
The growing burden on the UK’s healthcare system means greater involvement by the private sector is inevitable, says Bupa Insurance managing director Fergus Kee
Investment funds under management for June 2005 were up by 19 per cent on figures for June 2004 at a 298bn. Isa funds under management of 41bn also rose by 21 per cent.
A survey by the AITC says 40 per cent of parents are saving nothing for their child’s university eductaion while one in four children expect their parents to meet the cost.Would-be students also expect debt on graduation to be 7,208 compared to the actual figure of 13,501 according to Barclays annual graduate debt survey. 63 […]
Much has been theorised about the Lifetime Isa since it was announced. The question is, will Lisa be beneficial to savers or not? Read more
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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