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Century Mortgages calls for statutory regulation to save borrowers more than £350m

Century Mortgages is calling on the Government to scrap the mortgage code and impose statutory regulation.


In an open letter to the Treasury, it asks the Government to impose daily calculations of interest on lenders, a move it claims will save consumers £350m.

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Capel Cure Sharp warns present economic cycle no different from past

Fund manager Capel Cure Sharp is warning investors that the current economic cycle is likely follow the same pattern as past ones.In its latest portfolio strategy it says: “Economies expand, they reach the point eventually where inflation accelerates and the monetary authorities expand by raising interest rates.”It says the US bond market is having second […]

NAPF calls on Government to increase venture capital opportunities

The National Association of Pension Funds is calling on the Government to encourage more venture capital projects.In a submission to the Treasury, the NAPF says it is not pension funds&#39 reluctance to invest but the lack of investment opportunity that is preventing more investment.The NAPF was responding to a call from Tony Blair for pension […]

NU to launch new ad series

Norwich Union is to launch a new “red braces” advertisement this time featuring children.Norwich Union chief executive for long term savings Philip Scott says: “By using children to represent the future the ad helps ram home the message that Norwich Union is a serious player in the investment world.“A lot of people used to think […]

First Active Channel Islands launches equity-linked bank account

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