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FCA warns on mortgage network panels and commercial deals

The FCA has raised concerns that commercial deals along the mortgage supply chain and the dominance of networks pose a risk to competition in the mortgage market. The regulator has published two reports today on whether the mortgage market is working effectively for borrowers. In the first report, the FCA says following the Mortgage Market […]

Fidelity: The value sectors on the brink of a renaissance

The past two years have presented a difficult environment for value investors. The stocks that have powered the market over that period are steady, defensive names, such as British American Tobacco, Imperial Brands and Reckitt Benckiser. They are well run companies but they are also well owned. The prices you are asked to pay for […]

Steve Webb urges Govt to progress pensions dashboard

Former pensions minister Steve Webb has called on the Government to take a stronger role in the development of a pensions dashboard, warning the project risks being left “in the slow lane”. As part of the Budget, Chancellor George Osborne pledged to ensure the industry designs, funds and launches a pensions dashboard by 2019. However, […]

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MAS shelves digital support service and cuts nine roles

The Money Advice Service has shelved plans to introduce a piloted digital service as it put nine roles at risk of redundancy due to scrapping its entire marketing budget. The MAS announced its 2016/17 business plan today, which confirmed its overall budget would reduce by 7.5 per cent to £75m and its £8.83m marketing budget would […]

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