An early day motion has been signed by 20 MPs calling for mortgage lenders to declare their intention to maintain fixed-rate products and help those finding it difficult to become homeowners.
Clerical Medical is offering new investment bond customers an extra 1% allocation if applications are made online.
Cantor Index has Clive Briault 6/4 favourite to take over as FSA chief executive, with Hector Sants at 2/1, David Kenmir at 4/1 and James Crosby at 6/1.
JS&P head of investments Andrew Wilson has slammed Hargreaves Lansdown’s Mark Dampier’s claim that asset allocation’s importance is over-stated, arguing that Dampier is fighting mathematics.Wilson has responded to a recent column in Money Marketing, where Dampier said the importance of asset allocation has been widely overstated by academics, with time better spent choosing the best […]
Brewin Dolphin Securities
Edge Performance VCT
By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]
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Alliance Trust Savings’ new boss must “instil common sense” across the business and start to engage with advisers if they are to salvage the platform’s reputation, IFAs have said. Industry insiders have welcomed news of ATS chief executive Peter Mill’s departure, but say the platform needs to move quickly to fix its service issues. Frustrated advisers are […]
The FCA has said that the Financial Ombudsman Service does not need more guidance on how it should match the regulator’s rules with the complaints adjudicator’s judgments. While the FCA regulates firms according to its handbook, FOS decides on complaints based on a ‘fair and reasonable’ test, that is, whether the claim would be successful […]
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