Liberal Democrat Shadow Chancellor Vince Cable has hit out at the Government for allowing nationalised banks to help fund international takeovers when they should be supporting British businesses.
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FSA raises concerns over traded life settlements
The FSA says it has “significant concerns” about the way in which life settlement policies are being brought to market and it has uncovered “major flaws” in the marketing of the products.
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RBS reports £3.6bn loss
Royal Bank of Scotland has reported a £3.6bn loss for 2009.
Legal & General – UK Absolute Return Fund
Legal & General – UK Absolute Return Fund
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Lloyds reports £6.3bn loss
Lloyds Banking Group has reported an operating loss of £6.3bn for 2009.
The role of diversification in multi asset portfolios today
In this short video, Trevor Greetham, head of multi asset at Royal London Asset Management, discusses the role of diversification in multi asset portfolios today. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]
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Jupiter warns over continued volatility threat
Jupiter Asset Management is concerned markets could see further volatility in the latter part of 2018, while the strength of the dollar could also threaten global growth. Speaking at Jupiter Asset Management’s annual investment dinner last night, fund manager Ariel Bezalal said: “Our concern is that what we had in February with the shocking rise in […]
FOS fields 40 cases over collapsed Sipp provider
The Financial Ombudsman Service has confirmed it is dealing with just under 40 open cases against collapsed Sipp provider Lifetime Sipp. The Lifetime Sipp Company, which entered administration this month, was found to have links to unregulated investment schemes, and has now appointed Kingston Smith and Partners as its administrator. Lifetime Sipp has not disclosed why it […]
Leader: FAMR hasn’t failed; it’s just solved a different problem
In August 2015, I made the mistake of checking my work emails late one Sunday evening. Instead of turning in for the night, I poured myself a fresh cup of coffee and turned my laptop on. The reason was an embargoed press release from the FCA announcing it was about to undertake a wholesale assessment […]