“There is a serious risk of unhappy times if a full-scale trade war breaks out. If that happened it would make Brexit look like a walk in the park”, says Loomis Sayles chief economist Brian Horrigan.
The FCA will force RBS to conduct an inquiry to find out how news that it would pay back an expected £400m to business customers in its former Global Restructuring Group leaked ahead of an announcement from the regulator. The FCA was due to release a statement on what action it was taking at 7am this […]
Alex Ralph, manager of the Artemis High Income Fund, sees further pressure on government bonds as inflationary pressures build on both sides of the Atlantic.
LV= is consulting with staff on a proposal to stop selling enhanced annuities and increase its focus on secure drawdown. The insurer says the proposed move follows a review of its annuity business and reflects changes in retirees’ buying habits since pension freedoms, as well as the interest rate and regulatory environment. LV= will offer […]
The UK’s largest independent mortgage broker London & Country has set out plans for an initial public offering. L&C has set a deadline of December 2018 to list, but has not said which exchange it is targeting. It has also not said how much it hopes to raise through the IPO. The decision follows three […]
Loomis Sayles senior global economist James Balfour looks at the three main macro themes evident during October: a world lacking in demand; the strength of global market performance; and the required exit from profits recession. Click here
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Banned former network boss Charlie Palmer must pay a more than £86,000 fine to the FCA within two weeks, the regulator said today. The FCA published a final notice on 19 September, after Palmer’s appeal to the Upper Tribunal was unsuccessful, which says that his £86,691 fine must now be paid within 14 days. If any […]
The FCA has warned consumers a clone firm of Rathbones Investment Management which has been operating under the name of “Rathbones Brothers”. According to the FCA, fraudsters are using or giving out the details under the name of the UK wealth manager with a false email, website and phone number. The FCA warns that scammers may […]
The more clarity people have on what makes them fulfilled, the happier they will be. So what is the advisers’ role?