Leeds Building Society has launched a new exclusive two-year fixed rate shared ownership mortgage through PMS and Sesame. The product is fixed at 5.89 per cent until March 31, 2014, with a maximum loan-to-value of 75 per cent and a £199 booking fee. There is no completion fee. PMS senior product and communications manager Robert […]
Andrew Dilnot had a tough challenge in examining how the UK might solve its long-term care funding problem but his recent comments make me wonder whether he is aware of how apathetic people are. Charged with coming up with a plan to save Britain from a long-term care funding crisis, he has suggested that people […]
Moody’s has warned the UK is facing a raft of “formidable and significant challenges” and that the eurozone crisis could hold back growth and weaken the Government’s debt cutting plans. In its annual guidance for investors, the ratings agency says although the UK scores highly for economic governance, its current AAA rating is likely to […]
Chancellor George Osborne has announced that Royal Bank of Scotland Group will shrink its investment bank business to focus elsewhere. Osborne says as the largest shareholder the government believed RBS’s future was as a major retail bank. In its response to the Independent Commission on Banking, Osborne says investment banking will continue to support its corporate […]
It has been over four months since the surprise election of Donald Trump as US President. Despite the initial shock, the US stockmarket has continued to climb higher, with many investors forecasting that Trump will be more pro-growth than his predecessors. Watch Robin Milway, lead manager of the Neptune US Opportunities Fund, discuss the outlook […]
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]