New data sheds light on gender bias in advice

Just 13 per cent of advisers are female, new data shows. According to a Freedom of Information Act request to the FCA, as at July this year, only 3,310 of 26,240 advisers holding CF30 controlled functions with the regulator were women. The FCA was unable to discern the same ratio amongst chartered advisers because it […]


Letting agents banned from charging fees to tenants

Letting agents in England will be banned from charging fees to tenants under a policy announced in the Autumn Statement. Tenants moving into a new house can be charged numerous fees from referencing to credit checks and ‘administration’ fees. Hammond says: “Letting agents are currently able to charge unregulated fees to tenants, often of hundreds of […]


UK delivers surprise drop in inflation

UK inflation has confounded expectations by dropping to 0.9 per cent in October, pulled down by university tuition fees and clothing prices. Economists had expected inflation to edge upwards to 1.1 per cent as the impacts of weakened sterling feed through to input costs. It had jumped to 1 per cent in September from 0.6 […]


FCA hits out at high fund charges and poor returns

High charges in actively managed funds are not justified by higher returns on average, the FCA has found. “Weak price competition” and a failure to report performance against an appropriate benchmark were just two of the shortcomings the regulator has found in the asset management market. Releasing the interim findings of a study into the […]

UK gilts: Shaken and stirred

Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]


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