This week former RBS chief executive Sir Fred Goodwin handed back more than a third of his pension.
The Personal Finance Society is calling for its members to volunteer for the Citizens Advice Bureau’s MoneyPlan initiative, which provides free generic financial advice to consumers.
Government funding for selected financial advisers to obtain ISO 22222 through Standards International has been extended for a further year, following the Government’s Train to Gain initiative.
Fortis Investments is looking for opportunities to go short in developed equities in the view that unwarranted optimism is being priced into the market.Emiel Van Den Heiligenberg, the head of tactical asset allocation and balanced solutions, says previous market bottoms have lasted from three-and-a-half to 11 months. This time, however, he expects the current downturn […]
By James Dowey, Chief Economist and CIO at Neptune The Bank of Japan (BoJ) surprised investors on 28 April by holding monetary policy steady following the meeting of its Policy Board. Many investors had expected an easing of monetary policy and, as such, the TOPIX Index has fallen and the yen has strengthened. Why has […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]