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Halifax finds house prices have leapt 306 per cent since 1983

New research from Halifax bank tracking the last 20 years of UK housing show property prices have increased by 306 per cent. The average price has leapt to £121,742 from £29,993 since the Halifax house price index started in 1983. It says the north/south divide has widened significantly. Prices in London are now 76 per cent above the national average compared with 28 per cent in 1983. In Scotland prices are 59 per cent of the UK national average compared with 93 per cent 20 years ago.


Aegon takes 9% stake in Aurora

Aegon UK is buying a 9 per cent stake in Aurora Financial for an undisclosed fee, bringing the number of its acquisitions and strategic investments in IFA firms to nine. Aurora, formed from the merger of Jackson Batten and Advisory & Financial Planning Services last July, specialises in employee benefits and has 38 RIs. Aegon […]

Clock watching

In the next couple of articles, I will be looking at the use of mortality tables by financial planners. Not, on the face of it, a terribly exciting subject but I hope to convince you that it is a crucial area of technical knowledge and understanding which is badly overlooked in our examination syllabus. Just […]

Old gold

In my last article, I began to outline what I believe will prove to be among the most important developments in financial planning, the implications of which will need to be given a great deal of thought by all financial advisers.A European ruling means that our Government will be obliged to introduce legislation by 2006 […]

£140m cost of key facts format

Proposals for the next generation of product disclosure could cost the industry £140m with the end of key features documents and separate disclosure regimes for life and pensions and investment products.According to a draft FSA consultation paper on product disclosure due to be published on January 31 but seen by Money Marketing, KFDs will be […]


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