Newcastle Building Society is offering launched a five-year guaranteed bond with returns based on 110 per cent of any growth in the Halifax house price index.
Western Provident Association has been recommended for an ISO 14001 for its efforts to reduce environment impact after halving the rubbish it sends to landfill in the last two years.
The Institute of Financial Services has launched a scathing attack on the state of financial education in schools. It says the UK system for personal financial education in schools is chaotic and strategies are piecemeal, unstructured and ad hoc. The remarks are in response to the FSA’s survey, entitled, Personal Finance in Schools, a benchmark […]
From punk rocker to global investment, Fidelity International’s head of multi-manager carried was an enthusiastic Ramones’ fan who now has a passion for multi-management and he is intent on making Fidelity the dominant force in the sector. Interview by Philip Scott
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With volatility set to continue, Peter Saacke, manager of the Artemis Global Growth Fund, thinks stock-specific opportunities are on the rise.
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The Financial Ombudsman Service has told Kingswood Financial Advisors to compensate a client over a Sipp investment in an unregulated Harlequin property fund. The case concerns Mr B’s complaints about the advice he received regarding two unregulated investments: one into a Harlequin property fund and the other into Green Oil. The ombudsman’s ruling relates to […]
Phoenix Group, Alliance Trust Savings, Zurich, and Old Mutual Wealth are amongst the most complained providers in the latest FCA complaints data. A total of 3.76m complaints were received by the FCA during the second half of 2017, up 13 per cent on the first half of the year. Alliance Trust Savings is the most […]
The FCA is reviewing the market for preference shares following the furore over Aviva’s recent decision to cancel its high-yielding preference shares at par value. FCA chief executive Andrew Bailey says in a Dear CEO letter that the regulator is reviewing the prevailing market for certain fixed income shares, particularly those classed as perpetual, irredeemable […]