M&G fund manager Steven Andrew has slashed exposure to US and UK government debt in his £322m Episode Income fund to ward off concerns about potential risks emerging in the western economies. A year ago over 25 per cent of the fund was invested in US and UK government debt because it was yielding 4 […]
PI insurers are considering exclusions for insistent DB to DC transfers, Money Marketing understands.
Lloyds Banking Group has reported an 11 per cent fall in pre-tax profit for the first quarter of the year, after making a £660m loss on the sale of TSB. The bank’s Q1 results, published today, show it made a £1.2bn profit in the first three months of the year, down from £1.4bn in the […]
Competitive rates and ambitious landlords are driving a growing focus on remortgaging among buy-to-let lenders, according to experts. Figures issued by broker Mortgages for Business show that 66 per cent of buy-to-let loans were for remortgages in the first quarter of 2015, up from 62 per cent at the end of 2014. Remortgages have now […]
Amanda Docherty, Senior Marketing Consultant My mum recently had a spell in hospital. I won’t go into all the detail but the crux of it was she had a degenerative condition which affected the nerves in her neck. After a year off work and endless visits to the doctor, she was referred to a specialist. Exactly […]
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