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.
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]