Charcol appears to be on the verge of becoming a force separate from Bradford& Bingley once again, with some of the founders reunited with the current team. Money Marketing understands that a deal is now going through its final stages. For consumers and lenders who believe in a strong, efficient mortgage market, this is very good news.Charcol may be set free from what increasingly has been an unhappy liaison with Bradford & Bingley. Now the broker can hopefully put this period behind it, raise its game and increase the competit-iveness of the sector to the benefit all potential borrowers.
Gartmore is launching five new funds to increase its Luxembourg based Sicav range.
One of the key reasons given for the reform of polarisation is the need to give consumers a wider and fairer choice of financial products. The wisdom or otherwise of this thinking has already occupied many column inches so all I will add is that such changes might never have been put forward if our […]
Baring Asset ManagementBaring Directional Fund (Euro)Type: Unit trustAim: Growth by investing long and short in Government bonds and money market instrumentsMinimum investment: Lump sum euros 3,500Investment split: 100% in bonds and money market instrumentsPlace of registration: DublinCharges: Charges: Initial 5%, annual 1.75%Commission: Initial 3%, renewal subject to negotiation Tel: 020 7214 1900
I recently had a rather strange experience while reading a document from the FSA.
By James Dowey, chief economist & CIO at Neptune WHATEVER HAPPENED TO THE GOOD OLD DAYS OF CHUGGING ALONG AT 3 PER CENT A YEAR? That was the average rate of real economic growth in the advanced world from the end of the Second World War until the late 2000s. Despite all of the recessions and social changes […]
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The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Last year, Money Marketing took a deep dive into how advisers are remunerated with an extensive reader survey. This year, we’re going even bigger and better, teaming up with recruitment consultancy BWD to bring you the definitive picture on pay. With your help, we hope to decode how qualifications, employment status, geography, gender, job title and other […]