London IFA firm Caversham Buchanan entered voluntary liquidation on May 13 and liquidator Asher Miller of David Rubin & Partners was appointed.
Harewood Solutions, part of BNP Paribas, has launched the BNP Paribas Comac Long Short investment strategy and says a US Enhanced product is on the horizon.
House prices rose by 2.6 per cent in May, according to the latest Halifax house price index.
Money Portal has entered into exclusive discussions with a bidder looking to acquire the firm, Money Marketing can reveal.
Three weeks remain before publication of the RDR consultation paper and the pressure is on the FSA to contrive workable solutions to the problems which occur if the feedback statement initiatives are implemented.
December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]