Threadneedle has promoted Leigh Harrison to head of equities and added fund managers Simon Brazier, Richard Colwell and James Thorne to the UK desk.
House prices in December rose at a slower pace than previous months due to the narrowing gap between supply and demand, a Royal Institution of Chartered Surveyors survey shows.
Chris Gilchrist Robert Shiller, one of the world’s most influential economists, used an op-ed column in the FT last year to argue for more financial innovation. He claimed it wasn’t innovation (as in slice-and-dice mortgage-backed securities, etc, aka toxic assets) that caused the sub-prime crisis and the credit crunch, but lack of it. Shiller said […]
One thousand Abbey and Bradford and Bingley branches are to be renamed Santander by the end of January.
Aviva has announced it is reducing its with-profit income rates for new business, but maintaining regular and final bonus rates.
Simon Edelsten, manager of the Artemis Global Select Fund, examines the long-term trends that they have exploited since the fund’s launch five years ago. Looking ahead, he explains the stock-specific opportunities the team are finding. Click here for full article
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]