Edeus is offering a new range of two-year fixed-rate products across its adverse, self-cert, and income buy-to-let ranges with rates starting from 6.39 per cent. All the products have an arrangement fee of £799.
The Financial Services Consumer Panel has called for a ban on commission payments to advisers but also warned that sales bias must be eradicated.Speaking on the release of its annual report, FSCP chairman John Howard says it would be a tough decision for the regulator to take considering “the significant rump in the industry that […]
The Treasury is to appeal against the Information Commissioner’s ruling that it must disclose whether it holds attorney and solicitor general advice about the compatibility of the Financial Services and Markets Act with the Human Rights Act.
The initial findings of the FSA’s retail distribution review will be announced at the end of June and the market will be presented with a discussion paper to contemplate the proposals being put forward. The FSA has also announced that the Mifid introduction also means that the menu system and IDD will have to go. […]
By Rob Burnett, Investment Director, Head of European Equities As investors await a resolution of Greece’s repayment difficulties, we anticipate a period of consolidation in the European market over the next few weeks. Our base case is that the Greek government and the European Central Bank (ECB) will come to a solution, particularly given the […]
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]