The economic growth forecast for 2008 has been downgraded from 2.5-3 per cent to 2-2.5 per cent. Darling blamed “increased economic uncertainty” and “turbulence in America, Asia and Europe”.
Two months on since the credit crunch first hit the UK’s shores and job redundancies in the UK mortgage market are starting to make the headlines.
I’m sure you’re all eagerly anticipating Chancellor Darling’s Pre-Budget Report, due to be delivered hand in hand with the Comprehensive Spending Review at 3.45pm today, but first take some time out to get on top of this week’s protection news.
Firms that decide to change model will face tough decisions and may have to cull the least valuable 10 per cent of their client base, according to FP Advance managing director Brett Davidson.Davidson told the Institute of Financial Planning conference in Manchester last week that advisers should be making the transition to the new model […]
It has come to our attention that a number of insurers have introduced a regulatory investigation sub-limit onto their directors’ and officers’ policies. For directors of hedge funds with policies under this restriction, this means that, should the fund be subjected to an investigation by the FSA or SEC, they would be personally liable for […]
By Amanda Docherty, marketing manager More people than ever are living with critical illnesses like cancer. And this will only increase as the years go on. In fact, the number of people currently living with cancer is expected to grow from 2.8 million to at least 4 million by 2030*. Improving survival rates are, without […]
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Support service provider SimplyBiz has signed a third new deal for defined benefit transfer advice work after its original partner pulled out of the marketplace. In an email to members seen by Money Marketing, compliance director Gary Kershaw apologises for any inconvenience caused by Crowborough-based advice firm CFPML’s decision to exit the DB transfer marketplace. […]
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The Budget will lay out Government plans to help build 300,000 new homes a year, according to Chancellor Philip Hammond. The plans will include fasttracking developments with planning permission. Hammond said the Government would use “powers of state” to get homes built on these sites, according to the BBC. The Government will also unveil plans to […]