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 […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]