Four in five brokers believe the sub-prime market will grow in the next two years, with 19 per cent thinking it could increase by more than 20 per cent, says Alliance & Leicester.
A no sale, no fee home information pack has been set up to try to prevent a slowdown of the housing market.
IFAs must focus on improving their professional standards and leave fighting injustices to Aifa, says Sesame chief executive Patrick Gale. Gale says professionalism is key to the future success of independent financial advice and the best means of rebuffing condemnation from the consumer press and Government policymakers that focus on the cost of advice rather […]
Millfield Partnership Limited’s capital adequacy deficit would have risen to 7m by February 2007 if the FSA had not pulled the plug on the firm. The regulator, in its final notice to MPL, said the firm failed to provide a viable proposal to rectify its 4.5m deficit and it was therefore forced to remove the […]
Collegiate’s Mark Bates is set to take part in the 2007 Polar Challenge to the magnetic North Pole. The race takes place in April 2007, when Mark and the other competitors will ski 320 miles to the pole pulling their own supplies and handling temperatures between -25 and -45 degrees. Mark aims to raise 10,000 […]
Mark Page and Laurent Millet, managers of the Artemis European Opportunities Fund, look at why, how and where fluctuations in European markets can generate opportunities for their fund. When asked what the stock market would do next, John Pierpont Morgan is reported to have replied that “it will fluctuate”. His (apocryphal) answer proved accurate. Over […]
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]