The Consumer Credit Act 2006 came into force last Friday and allows consumers to take complaints about lenders to the Financial Ombudsman Service and to challenge unfair credit agreements in court.
China Opportunities Fund
Three key words for property investors are location, location, location. For investors who want to reduce the level of risk in a portfolio, three important words are diversification, diversification, diversification.
CML says market differences will buoy up UK lending
Financial Ombudsman Service chief ombudsman Walter Merricks says one in five people with critical illness policies may have policies that are actually invalid.
At the end of July, the Pensions Regulator issued its quarterly update on auto-enrolment (AE) compliance by employers in the UK. The full report can be seen under the quarterly bulletins section here.
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]