The Derbyshire (Isle of Man) is maintaining its Manx bonds rates consistent for a second month, amidst continuing uncertainty over UK base rates.Savers can benefit from a guaranteed rate of up to 5.15 per cent gross until May 30, and fast-moving savers are able to take advantage of the rate on the one-year Manx bond, […]
Isn’t it funny how quickly things change in our industry? After four years of using uneconomic commission to establish a false market for stake- holder pensions, many product providers have suddenly gone cold on the idea.
This month will see the release of a TV advertising campaign to raise awareness of auto-enrolment among small and micro employers. It arrives before an unprecedented number of businesses approach their staging date.
A quarter of investors in the UK are unsure of how to liquidate the investments they hold, figure show. Property investment company Experience Invest found 32 per cent of respondents to a survey said they have tried to exit an investment, but ultimately did not after learning they would incur unexpected fees for doing so. […]
Platform technology firm FNZ has today completed the acquisition of German investment platform company, ebase. Edinburgh-headquartered FNZ has purchased ebase (the European Bank for Financial Services) from German bank Comdirect Bank for €154m (£139m). The sale was first agreed to last year, and has since received regulatory approval. FNZ Group said that under its ownership, […]
Nine of the 11 firms declared in default by the Financial Services Compensation Scheme this month are wealth management or advice firms, latest figures show. The newest firms to make the lifeboat fund’s list bring the total number declared in default since mid-May to 26. The FSCS putting a firm into default means the lifeboat […]