The Council of Mortgage Lenders has warned the European Commission to concentrate on macro-economic policies rather than retail mortgage regulation. It has warned of “harmful, unintended consequences” on the UK economy if it conflicts with FSA proposals. The CML also warns the FSA should not press ahead with plans to restrict lending by building societies before completing its mortgage market review.
The Council of Mortgage Lenders has warned the European Commission to concentrate on macro-economic policies rather than retail mortgage regulation.
Level annuity rates remained steady over the last month but smokers’ rates plummeted, research by Alexander Forbes Annuity Bureau has found.
A quarter of pensioners are unaware of state benefit entitlements that could bolster their retirement income, according to research from Just Retirement.
Ali Unwin, CTO & Fund Manager, Neptune 2016 was a weak year for technology IPOs – only 13 US venture-backed tech IPOs hit the market, in spite of fairly high public market valuations and investor appetite. Will 2017 be different, asks Neptune CTO & Fund manager Ali Unwin. Click here for article Important Information Investment risks Neptune […]
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Bank of England governor Mark Carney has told economists that rate-setters will be forced to make harsh cuts to support the economy if Brexit is not smooth. Speaking in London last night, Carney says the bank is ready to act in the face of a messy exit from the European Union, warning that the contingency […]
Only 17 per cent of adviser websites mention their fees, new analysis has shown, reigniting debates over online disclosure. Of the 300 firms assessed by adviser marketing firm The Yardstick Agency, only just five gave sufficient detail to tell clients what fees they would be likely to pay. The results are down from last year, […]
The FCA should not be under the illusion a ban on contingent charging will necessarily improve the quality of advice, an adviser trade body has said. The Personal Investment Management and Financial Advice Association warns any contingent charging ban could have unforeseen consequences. According to Pimfa removing contingent charging could push consumers to either become […]