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Fidelity International – Moneybuilder Dividend Fund update

Fidelity International – Moneybuilder Dividend Fund update

Update: Fidelity income plus fund renamed Moneybuilder dividend fund, with no initial charge and 1 per cent annual management charge

Tel: 0800 414181

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FSA fines lender £630,000

The FSA has fined Essex-based sub-prime mortgage lender Swift 1st Limited £630,000 for treating some customers facing mortgage arrears unfairly. The FSA says Swift has agreed to provide redress to customers who were in arrears and who were charged “excessive” arrears fees and charges. It is estimated that the total cost of the redress to […]

Liberty secures pension benefits for civil partner

Multi-national company Foster Wheeler Energy has agreed to give employees’ civil partners the same pension benefits as spouses following pressure from civil rights action group Liberty. Under current legislation, civil partners of deceased employees are not legally entitled to any pension contributions made before December 5, 2005, when the Civil Partnership Act came into force, […]

Sterling effort

When interest rates were cut to the “emergency” level of 0.5 per cent in April 2009, hardly anybody expected them to stay there for more than a few months. Yet here we are in mid-2011 and I still see little sign of rates rising. The pressure is mounting on those who want their savings to […]

UK stands a 40% chance of QE2, says BofA ML

The UK stands a 40 per cent chance of being subjected to a second round of quantative easing, says Bank of America Merrill Lynch. The suggestion comes from a heightened chance the country will slip back into recession. Uncertainties are markedly higher, after the financial crisis, concerning GDP growth. “Forecasts may have implied up to […]

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