The world has moved on since the FSA started its mortgage market review and the proposals may not meet the needs of today’s market, according to Imla executive director Peter Williams. He said: “Do the FSA have a view of what landscape they are going to produce? And how does that landscape fit with the […]
16:58: The FTSE closed down 0.28 per cent at 5444.82 after Italian 10-year bond yields retreated to 6.8 per cent. The German Dax closed up 0.6 per cent while the French Cac 40 closed down 0.34 per cent. Shroders European economist Azad Zangana says the eurozone is likely to enter a “serious recession” in 2012. […]
Vincent Chailley, CIO of H2O Asset Management, discusses the key investment factors in 2016, including volatility, the disconnection between central banks and its implications on markets, as well as opportunities that may exist for investors.
The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]