Nationwide claims HSBC’s rate matcher guarantee is a gimmick and says it has no plans to copy the scheme.Rate matcher guarantees to match the fixed rates of existing borrowers coming off two, three and five-year deals for a variable fee.But Nationwide non-retail executive director Matthew Wyles says the society already gets high levels of retention […]
An international study has found that fewer than 10 per cent of consumers are willing to pay for advice on insurance, mortgages and investments.The World Insurance Report by Capgemini Financial Services surveyed more than 11,000 customers in 10 countries.Only 8 per cent say they are willing to pay for advice on insurance policies and the […]
Sea Containers has withdrawn its appeal to the Pensions Regulator against a decision to issue two financial support directions on the company. Sea Containers will now have to provide a form of financial support to two pensions schemes belonging to its subsidiary Sea Containers Services within 30 days. In June 2007, the Pensions Regulator determinations […]
Employees at Johnson Fleming, in Bromsgrove, Worcestershire, are looking forward to trying out some dramatic new hairstyles on Wig Wednesday. A host of colourful wigs will brighten up the office on 20 May as staff support children and young people with cancer.
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]