Unemployment in the Organisation for Economic Co-Operation and Development (OECD) area rose 2.2 percentage points over the past year to April 2009, according to the OECD.In April 2009 the unemployment rate for the OECD area was 7.8%. This is 0.1 percentage points higher than the previous month and 2.2 percentage points higher than in April […]
Is short-term economic recovery worth sacrificing long-term economic stability? And is making a political point worth sacrificing foreign relations?With her criticism on quantitative easing, Angela Merkel, the Germany chancellor, sparked a heated debate about monetary policy last week. And about whether it is appropriate for a head of state to criticise central banks.Merkel attacked the […]
Bluefin Advisory Services is offering its staff and advisers access to a CII diploma qualification support package.
Crude oil prices rose above $70 per barrel today, the highest they have reached for seven months, on signs that global demand may be rising.Prices jumped after the American Petroleum Institute (API) said American oil reserves fell by 5.96m barrels last week. This is far higher than the 400,000 barrels analysts had anticipated.The steep drop […]
A report from the Centre for the Modern Family out last week presents some interesting — and perhaps rather worrying — findings.
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Advisers will not be able to give ‘basic advice’ on stakeholder products that fall under Mifid II and the Insurance Distribution Directive, the FCA has confirmed. Basic advice rules, which date back to 2005 and allow the provision of simpler and lower-cost advice to consumers on a range of stakeholder products using pre-scripted questions, previously […]
The director general of the Association of British Insurers has told MPs that a post-Brexit deal is taking too long to form. Giving evidence to parliament’s committee on exiting the EU yesterday, Huw Evans said that “the thinking about what a future relationship would look like with our European partners is not where it needs to be” […]
Adviser attitudes towards alternative investments have changed considerably in recent years, but the market remains divided on how they should be used. What was once seen as a niche market has now become far more prevalent and investors are increasingly looking towards alternative investments as a way of diversifying their portfolios and generating returns in […]