National Australia Bank is controversially closing over 20 per cent of its UK branch network, with victims being announced tomorrow.The owner of the Clydesdale and Yorkshire banks will announce the closures tomorrow, which will see over 50 communities losing their only banking outlet.This is the biggest branch cull of its kind since Barclays axed 10 […]
Standard & Poor have said the Barclays acquisition of Absa could change the competitive landscape of the South African banking sector.If the partial takeover is completed, the acquisition of up to 60 per cent in Absa would result in Barclays re-entering the sector in South Africa and would become the countrys largest international player.Standard & […]
Click link to view full video Portfolio manager Aziz Hamzaogullari talks about the unique style he brings to growth investing, shares examples of companies that meet his growth criteria and explains the importance of fundamental research in a concentrated fund.
FCA must give greater consideration to where detailed rules would result in more effective regulation and better protection Last month saw Sipp provider Berkeley Burke lose its High Court appeal against the Financial Ombudsman Service. The appeal followed the Ombudsman’s decision against Berkeley Burke for failing to carry out adequate due diligence on an unregulated […]
Sheraton Financial Planning director on dabbling governments and the growing retirement funding gap As an at-retirement specialist, Sheraton Financial Planning director Jason Eldrid works through the implications for clients every time the government decides to dabble in pensions. But mindful governments can change every five years, which is hardly conducive to a long-term strategy, Eldrid […]
Advisers’ professional indemnity policies will no longer exclude Financial Services Compensation Scheme claims, the FCA has confirmed today. Some current PI insurance policies have excluded the FSCS as a claimant, or exclude claims where the firm provider or fund has become insolvent. Following feedback from a July consultation paper however, the regulator confirms changes to its handbook […]