Japan’s benchmark Nikkei 225 index has edged past the 20,000 barrier in early trading for the first time since April 2000. The BBC reports the index hit 20,004.99 before falling to 19,907.63 at the close. Markets were buoyed by US energy stocks and a strong performance by Fast Retailing, Asia’s largest clothing retailer. Earlier this […]
Bank has set aside £856m for litigation and conduct issues.
The Bank of England has voted to maintain its base rate, marking 73 consecutive months at 0.5 per cent. In a statement this morning, the Bank confirmed that its Monetary Policy Committee had voted in favour of maintaining rates, despite speculation that an increase may be imminent. The Bank’s base rate has sat at 0.5 […]
Lenders are in talks with technology providers to develop a solution where they can evaluate brokers on an individual basis. Presently, lenders have information at a firm level but sources say a group of lenders has started talks to find a way of validating individual brokers. It is thought the lenders, the identities of which are […]
This year looks set to bring a new danger for pension savers and their employers.
- Top trends
- Top trends
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- How much are advisers charging for pension transfers?
- FCA and CII announce new exam to ‘reassess’ Level 4 qualifications
- Nick Bamford: Re-platforming problems exposing the dinosaurs
- IFS director: Inheritance increasingly determines wealth in UK
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