Investing and repaying debt take priority for people who come across extra income, says Watson Wyatt. The consultants conducted research asking 2,500 people what they would do with an extra £200 a month. Participants were allowed two responses.Findings showed that 46 per cent would invest at least some of it, 43 per cent would use […]
Buy-to-let investors are getting the best return of all asset classes, according to Landlord Mortgages. Investors who bought a BTL property with a deposit of 25,000 on average saw a 39,309 average profit over the past six years. Second was gold, with a 22,484 profit on the same stake.
The Mortgage Business has appointed Robert Holmes as director of strategy and planning.He was part of the original team that launched TMB in 1989. Since then he has fulfilled a number of roles within the company including new business, customer service, systems support and project management.Holmes says: This new role gives me the opportunity to […]
Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.
Four heads of companies that formed part of a group involved in the transfer of millions of pounds of pensions have been banned for a total of 34 years by the Insolvency Service. The investigation, led by the Insolvency Service, centred on the conduct of the directors connected with Transeuro Worldwide Holdings, which helped […]
Mobius Capital Partners’ new investment trust raised £100m in its initial public offering, which was half of its £200m goal. The firm announced earlier this month it wanted to raise £200m through the float of the Mobius Investment Trust. Trading is set to kick off on 1 October when the company will issue 100,000,000 ordinary shares […]
Aegon chief digital officer Richard Denning, who is also in charge of platform development at the provider, has resigned. An Aegon spokesman says Denning is leaving to “have a break from corporate life”. According to his LinkedIn profile, Denning’s roles at Aegon include chief digital and transformation officer, chief operating officer for digital solutions and […]