The annual rate of house price inflation dropped from 4.2 per cent to 2.7 per cent in February, Nationwide has revealed.It says that the price of a typical house fell by 0.5 per cent during February. This is the fourth consecutive monthly fall in house prices and brings the annual rate of house price inflation […]
A self-employed financial adv-iser has changed his plea to guilty over a series of mortgage frauds.Mohammed Khan, 46, from Knighton, Leicester, appeared before Leicester Crown Court on multiple deception and dishonesty charges. The prosecution had estimated the amount involved was over £250,000.Evidence was given that Khan had repeatedly misrepresented his financial and personal status to […]
I have detected a change in attitude towards the retail distribution review among advisers and life companies over the last four weeks. Throughout meetings, conferences and lunchtime discussions, the general tone towards the RDR has been increasingly supportive.
Royal London Asset Management UK Equity Fund Managers Martin Cholwill and Richard Marwood look at the compounding effect of dividend growth for UK equities and how it drives returns over time. Read the article in full The value of investments and the income from them is not guaranteed and may go down as well as […]
Prudential has launched a new fund for higher-risk investors as part of a new risk-managed range. The updated PruFolio Risk Managed fund range consists of 14 funds- five passive, five active and five smoothed funds – and includes a new fund, the Risk Managed PruFund 5. The funds’ investment objective will no longer specify a maximum […]
Last month, the BBC’s Money Box covered the story of a protection customer who had seen her quoted life and critical illness premium rise by around a third after she disclosed a historic mental health issue. The woman was taking cover as a parent of young children and had originally chosen an insurer after getting […]
The Chartered Institute for Securities and Investment has set up a helpline for participants in its financial planning mentoring scheme. The helpline, which is being supported by Schroders, will be open to mentors and mentees on the programme, which started on the first of January this year, looking for support in achieving professional financial planning […]