Amber Homeloans’ “china dolls” are setting off on a march across sections of the Great Wall. The team, from left, are Laura Tudgey, Carla Weatherall, Sarah Brewer and Gail Lloyd. They are braving the walk at an average altitude of 738 metres and have already raised more than £13,000 for their chosen charities.
Unity Homeloans will continue to be funded by Investec when it relaunches it sub-prime product range. This comes after Infinity Mortgages – which withdrew from the sub-prime market at the same time as Unity Homeloans and also backed by Investec – has stated that it is currently talking to other potential backers as Investec has […]
ABN AMRO Asset Management claims market volatility has historically produced attractive investment opportunities.
Alliance & Leicester has made an update on the London Stock Exchange in a bid to calm investors’ fears over its exposure to the US sub-prime crisis.This comes just a week after A&L head of specialist mortgages Jeremy Claridge told Money Marketing that lenders must be more open about their exposure to the US sub-prime […]
The FSA has banned Liverpool IFA Michael Sheron from carrying out any regulated activities after finding him not fit and proper to oversee or manage a business.Sheron was a partner at Liverpool-based Sheron & Company Financial Advisers and was solely responsible for its day-to-day business.The FSA found Sheron lacked competence and capability. He failed to […]
The UK is ending what has been its slowest economic recovery on record with a marked acceleration in growth. Neptune’s forecast for UK GDP growth in 2014 is 2.5 per cent, up from 2013 growth of 1.8 per cent as estimated by the Office for National Statistics. When considering the changing UK macro outlook, three important questions remain:
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]