The Personal Finance Society has launched a consumer education website as part a drive to improve its public profile. Yourmoney provides guidance and tools on issues such as planning for retirement, managing debt and saving and investing. It gives tips on how to avoid investment scams, explains the benefits and costs of regulated advice, and […]
The Bank of England has confirmed the base interest rate will be held at 0.5 per cent for the 74th consecutive month. The Bank’s Monetary Policy Committee has also voted to keep the quantitative easing programme at £375bn, a level that has been maintained since July 2012 when it was increased by £50bn. The Bank’s […]
Harwood Capital Management has bought discretionary fund manager Wellian Investment Solutions to bolster its multi-manager offering. The Tunbridge Wells-based company, which has £185m in assets under management, will be an integral part of Harwood’s multi-manager business. Wellian’s Alan Durrant and Richard Philbin will continue to be chief executive and chief investment officer at the firm respectively, and will work […]
Police have arrested a 60 year old currency trader over suspicions of a global Ponzi scheme.
Research from Jelf Employee Benefits and retirement workshops specialist LaterLife Learning shows that one in two employers could offer their older workers greater remuneration flexibility so that they can benefit from the new Freedom of Pensions rules.
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