Lloyds Banking Group has reported a return to profitability in the first quarter, although no precise figures are disclosed in the management statement.
Former Money Portal subsidiary Bates Investment Services has been declared in default by the Financial Services Compensation Scheme.
A financial think-tank has warned that all three parties are not forthcoming with the fact that the UK faces the deepest public spending cuts since the late seventies.
Investing certainly is not getting any easier. There are so many economic problems arising that you could be forgiven for going off investments altogether. In fact, the vast majority of investors I come across nowadays are bearish, which is actually making me feel increasingly bullish. Some seem to be confusing economics with the stockmarket but […]
Neil Pegrum, manager of the Cazenove UK dynamic fund and two dynamic long/short funds, has left to join Soros Fund Management. Julie Dean, manager of the Cazenove UK opportunities fund, has taken over the management of the long-only £116m UK dynamic fund. Paul Marriage, who co-managed the two long/short absolute return funds with Pegrum – […]
As the US continues to confound growth expectations and the eurozone’s ‘will they, won’t they’ saga has finally concluded, what are the implications for global markets? James Dowey, Neptune’s chief economist, puts forward his outlook for 2015 and the key considerations for investors.
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Latest from Money Marketing
Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]
Providers should listen closer to advisers and consumers when deciding what initiatives will work