Hamptons International is poised to change hands in a 35m deal with Wheelock Properties. Wheelock, a Singapore group that owns a 32 per cent stake in Hamptons is awaiting approval from its own shareholders.
The Financial Services Authority has fined City Index Ltd 35,000 for producing misleading financial promotions for spread betting and contracts for differences between September and November 2003. The firm has also been fined for failures in its systems and controls that allowed promotions to be distributed. The FSA says this promotional strategy had the potential […]
Events surrounding the price of black gold are far more exciting than Brown’s political Budget, says Brian Tora.
The FSA is to issue guidance to advisers on VCTs amid concerns that the products could be sold to investors who are unaware of the risks.
Friends Provident has been picked by National Australian Bank group for its multi-tie agreement, selling its products through subsidiaries Clydesdale Bank Insurance Brokers and Yorkshire Bank Financial Services.
The strong dollar is hurting exporters, but the domestic economy is growing, the banks are strong and consumers are paying off their debts, says Cormac Weldon, head of Artemis’ US team.
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The workplace presents a significant opportunity for advisers, yet many are still shunning this sizable market, experts argue. The pension freedoms and auto-enrolment have increased the unmet need for advice in the workplace. Some larger employers and pension trustees are no longer content to leave employees to fend for themselves among scammers and fraudsters and […]
Neil Woodford has rejected gloomy UK growth forecasts from the Office for Budget Responsibility revealed in yesterday’s budget, arguing the country is on track to achieve annual growth around 2 per cent. According to the OBR, growth this year will be 1.5 per cent, and fall to 1.4 per cent in 2018. Through 2019 and […]
Trade bodies tend to live in a cloistered environment while advisers keep the industry on its toes