With a global banking crisis more or less averted, it is time to look at solving another puzzle before the housing and mortgage market can recover.
While the problems for the Japanese economy are certainly not over, the world could be surprised by a quicker-than-expected recovery, says Scott McGlashan, the senior manager of the JO Hambro Capital Management Japan fund.When selecting holdings for his £140m fund, which is invested across 23 different sectors, he looks for stocks that are particularly undervalued. […]
Last week’s publication of the next phase of the FSA consultation process on the retail distribution review has reconfirmed the death of commission as a method of paying for independent advice.
M&G managing director global sales Jonathan Willcocks has questioned the demand for absolute return funds.
The Department for Work and Pensions (DWP) has unveiled a new communications campaign to raise awareness of the new State Pension that will be launched next year.
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]