Three-month Libor fell to 3.37 per cent this afternoon, but the Bank of England’s rate cut of 1 per cent means Libor is still 1.37 per cent above base rate.
The issue of sale and rent back has hit the headlines once again, as Britons facing the economic downturn cast about for ways to ease their financial suffering.
Packaged products on platforms, re-registration and adviser-owned funds will all come under scrutiny as part of the retail distribution review.
Gartmore has confirmed the roles of fund managers Ashley Willing and Karl Bergqwist have been made redundant.
Hargreaves Lansdown has removed all New Star funds from its Wealth 150 list following uncertainty surrounding the investment group’s future.
By Mark Martin, Head of UK Equities at Neptune Investment Management Recent UK GDP figures indicated that the economy is in good health, with a 0.5% rise in GDP in the final quarter of 2015. Whilst the GDP growth rate fell from 2.9% in 2014 to 2.2% in 2015 as a whole, this expansion – […]
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