Paragon Group director of mortgages John Heron says he is hopeful buy-to-let mortgages will not be included in the European Commission’s mortgage credit directive following a lobbying trip to Brussels. Both the Council of Mortgage Lenders and the Intermediary Mortgage Lenders Association have expressed concerns that the directive, which looks to harmonise mortgage regulation across […]
Dorset police have arrested a man suspected of running an unauthorised collective investment scheme. The FSA executed search warrants on two premises in Poole. No one has been charged at this stage in connection with the FSA’s investigation.
Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]
Charles Stanley has seen revenues at its financial planning division jump 20 per cent over the six months to the end of September. Results released this morning show that the discretionary fund manager and platform provider made “continued investment in the expansion of the financial planning division”, generating turnover of £3.5m compared to £2.9m for […]
The Investment Association has launched new guidelines for executive remuneration, following “shareholder rebellion” this AGM season. The trade body says that there is mounting frustration from investors that listed companies are not taking concerns about excessive pay packets for senior staff seriously, and has issued a new “Principles of Remuneration” document today. The IA has […]
A growing appetite for sustainable investments is forcing fund providers to think outside the box The rising popularity of passive investing in recent years has prompted some industry figures to ask how much further its share of the market can continue to grow. Active fund manager Baillie Gifford launched a campaign for “actual” investing earlier […]