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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The Treasury select committee has published an internal memo in which staff at Royal Bank of Scotland were told to let struggling businesses “hang themselves” in the wake of the financial crisis. Staff at the now defunct RBS Global Restructuring Group listed in a document written in 2009 a number of tips to leverage fees […]
Newly-merged adviser trade body Pimfa is calling for the FCA to change how it plans to calculate the Financial Services Compensation Scheme levy, to take discretionary fund managers out of its remit. The FCA’s consultation on FSCS funding reform said all firms falling under its investment provision funding group are classiffied as product providers and […]
Who holds the power when advisers make investment decisions?