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Apfa fails to act on FSCS costs after calling for NAO audit

Apfa has failed to submit a request to the National Audit Office to review the costs of the Financial Services Compensation Scheme, despite publicly calling for it almost two months ago. In February, Apfa published a press release calling on the NAO to conduct a value for money audit on the FSCS’s strategic projects. The […]

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Billy Burrows: Annuity update

There has been little change to annuity rates since the last update and this reflects the flat line trend for gilt yields at the moment. The benchmark 15-year gilt yield has remained just under 2 per cent so far in April. Unless yields increase, annuity rates will remain at present levels. In my recent paper […]

Lenders in talks with tech providers on individual broker validation

Lenders are in talks with technology providers to develop a solution where they can evaluate brokers on an individual basis. Presently, lenders have information at a firm level but sources say a group of lenders has started talks to find a way of validating individual brokers. It is thought the lenders, the identities of which are […]

Easter starts early for rock music-loving economists

As the prospect of a four-day weekend loomed large last Thursday afternoon, WSJ suspects many of the nation’s workers let their thoughts drift to the impending 96-hour hiatus. But you would expect senior economists to be more resistant to such commonplace distractions. And yet as 5pm approached, PwC senior economic adviser and former Monetary Policy […]

UK Equity Income

Martin Cholwill considers how Brexit is weighing on the UK market. He explores how recent political developments could impact longer-term economic trends and ultimately UK equity investors, outlining the approach he is taking in this uncertain environment. Read more here Past performance is not a guide to future performance. The value of investments and the […]

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