Listed equity is shrinking, reducing opportunities for investors Since early 1998, more equity has been withdrawn than added to the US stockmarket each year, while there has been a vast rise in corporate debt. US companies have shrunk their equity through large-scale buy-backs (about to be given another boost by the Trump administration’s favourable tax […]
The FCA has criticised poor lending practices in the second charge market, including poor affordability checks and firms breaking key conduct rules. The FCA made the statements in a ‘dear CEO’ open letter to all second charge lender executives today. The letter follows the regulator’s review of second charge lenders, started last year and revealed by Money […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Aviva’s UK adviser platform reported a 56 per cent increase in assets under management in 2017, however, that business was included in a loss-making division of the group. Overall, the Aviva group reported operating profit of £3.1bn in 2017, which was a 2 per cent increase on the previous year. The results statement breaks that […]
Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.
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