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Eddie George says rising house prices unsustainable

The governor of England Eddie George said the boom in UK house prices is “unsustainably strong” when questioned today by the Treasury select committee.

Backed by members of the Monetary Policy Committee George said: “We do not believe the current rate of house price growth is sustainable but it is a factor driving consumer spending.”

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New Star plan has income or growth with protection

New Star is teaming up with Credit Suisse First Boston to set up a structured product offering investors high income or growth with a degree of capital protection. The New Star income or protected capital plan is a five-year product offering returns linked to the performance of stocks in the Dow Jones Global Titans index […]

Product matters

Quite why New Star feels the need to launch structured products on to a crowded market is beyond me at the present time. A firm that raises £800m in one year does not need the extra few million pounds that this sort of product raises. The income or protected capital plan is similar to many […]

OFT launches inquiry into estate agency market

The Office of Fair Trading has launched an inquiry into the estate agency market in England and Wales to investigate whether fees offer value for money, the effectiveness of competition and consumer protection. It will examine why the Ombudsman for Estate Agents received 5,500 customer complaints last year, an increase of 25 per cent from […]

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When you describe an actuary as funny, normal people would assume you mean funny peculiar not funny,ha, ha. The anorak-averse breed of actuary being a rare species indeed, some might even argue a myth. But Aegon Individual Protection managing director Janet Wyles succeeds where many have failed dismally. She can boast an impressive ability to […]

Trusts and Taxations

Take a look at the trusts and trustee taxation video – The definition and classification of trusts. Once you’ve viewed the boxset, visit our Test Centre to test your learning and get your CPD certificate. View here

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