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Providers urge Govt to reverse annuity buy-back ban

Insurers are calling on the Government to reverse its decision to ban them from bidding to buy back their own annuities. They say people selling their annuities will lose out unless the Government U-turns on its plan. In th Budget Chancellor George Osborne launched a consultation on creating a secondary annuity market to allow pensioners […]

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Stephen Smith: Boost supply, not demand

As the last weeks of the general election campaign grind on, at least we seem to have some emerging consensus about what needs to be done in the housing market (although little consensus about how). For the first time in many years housing features strongly in the manifestos of all parties and there is something […]

Wonga
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Wonga records pre-tax loss following £35m customer redress hit

Controversial payday lender Wonga has reported a pre-tax loss of £37.3m for 2014 after taking a £35m customer remediation hit following an intervention by the FCA. The firm’s full-year results for the 12 months to 31 December 2014, published today, reveal revenues plummeted 31 per cent year-on-year, from £314.7m to £217.2m, driven by a “significant […]

Seeking value in UK equity markets

UK equity investment specialists Martin Cholwill, Richard Marwood and Henry Lowson focus on value in this short video with Lawrence Gosling, Editor of Investment Week. They share their thoughts on how they seek value for investors within UK equity markets, with particular consideration for the role of mergers and acquisitions. Past performance is not a […]

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