Buy-to-let property company Ely Group is listing on Aim this week. The Dublin company is coming to the market with plans for further UK expansion. The firm is best known for offering the opportunity to invest in the housing market on a 10-year leaseback scheme.
Baring Asset Management is recommending a hedge fund of funds’ approach to combat volatility in the Asian markets.
The Government has moved to close a loophole which could have allowed pensioners to almost double their tax-free cash after A-Day. Under the 2004 Finance Act, people taking benefits in a form known as a scheme pension would have been entitled to up to 45 per cent tax-free cash, rather than the usual 25 per […]
The Association of Mortgage Intermediaries’ July census shows that 57 per cent of 252 inter-mediaries polled believe sourcing systems should be responsible for information provided in KFIs. Fifty-two per cent say sourcing systems are still their preferred method of obtaining KFIs.
Portman Building Society
Five Year Fixed
By Douglas Turnbull, Head of Chinese Equities After rallying around 150 per cent since the middle of 2014, mainland China’s ‘A Share’ market has corrected almost 35 per cent since mid-June.* Douglas Turnbull, manager of the Neptune China and Neptune Greater China Income funds, looks at the reasons behind this recent volatility… Click here to […]
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]