Nucleus has reported a 26 per cent increase in pre-tax profit for the first three months of the year. The platform made a £564,000 profit in Q1, up from £449,000 in Q1 2014. Gross inflows for the first quarter of the year totalled £510m, up by 6 per cent from £481m in the equivalent period […]
By Mark Sands and Valentina Romeo After five weeks of fierce election campaigning, the results are in. Both the FTSE 100 and the pound jumped on the news of an unexpected majority secured by the Conservatives, a result far removed from the hung parliament scenario consistently touted by the pollsters. But the election throws up […]
Bank has set aside £856m for litigation and conduct issues.
European changes to the Key Facts Illustration document will create “confusion” among borrowers and could prevent them from comparing deals from different lenders, say experts. The mortgage credit directive comes into force on 21 March 2016 and replaces the KFI in the UK with a new European standardised information sheet. The FCA has given lenders […]
The passive market has grown exponentially over the past decade and, in recent years, many investment columns have been devoted to the so-called ‘active versus passive’ debate
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