Overnight Sterling Libor edged up to 3.01 per cent, but three-month Libor, which is all-important for mortgage lending, dropped to 3.91 per cent
The Association of Independent Financial Advisers has warned that the FSA’s expenditure based capital requirements could push firms to abandon compliance spending in order to reduce their fixed costs.
Conservative shadow pensions minister Nigel Waterson has suggested the Tories would close the gap between means-testing and the basic state pension if the party came to power.
Omnis Investments has announced that its three-strong fund range has broken through the £50m barrier.
The RDR feedback statement published today does not include detail on how the proposals will apply to the corporate pensions market.
Manager Adrian Gosden explains how a strong balance sheet means companies can survive volatility – even in the aftermath of a debacle like VW’s. To watch the video click here
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