Treasury select committee chairman John McFall and Labour MP Alun Michael, both members of the Christian Socialist Movement, have tabled an early day motion calling for the separation of speculative casino banking from traditional retail banking.
Metlife is launching a new guaranteed bond which offers capped and uncapped step-ups on guarantees.
Origen has announced it is to cut 72 jobs at the firm as it looks to restructure in preparation for the retail distribution review.
A consortium of leading life offices has been established to draw up a plan B alternative to personal accounts as the Conservatives continue to voice their concerns about the scheme.
“There is not a great of choice of financial funds,” says Rowan head of research Tim Cockerill, “but among the few ones out there, the choice is an easy one.” The Jupiter financial opportunities fund, managed by Philip Gibbs, has been the darling of IFAs for more than a decade. “Gibbs pretty much beats everything […]
By Ali Unwin, Chief Technology Officer & Fund Manager at Neptune Earnings season is noisy in the technology sector and a good quarter does not make a good investment. Numbers that come in marginally ahead or behind ‘market expectations’ are extrapolated to produce narratives showing the rise or fall of companies. Our job as technology […]
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Three fund selectors give their views on choosing passive funds, blending, and investor suitability
The youngest ever fellow of the Personal Finance Society has moved to a new advice firm. Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body. Chief executive Keith Richards described the achievement as “truly remarkable”. […]
Providers are calling on the Work and Pensions Select Committee to tackle the advice gap and tax on pension withdrawals in its review of pension freedoms. The committee said last month it was opening an inquiry into whether the pension freedoms are achieving their objectives and if policy changes are needed. In its submission to […]