Newly appointed Bradford & Bingley chief executive Richard Pym has the task of stabilising the lender as it tries to regain ground in the wake of the credit crunch.Pym, who retired as Alliance & Leicester group chief executive in July 2007, says he will pay special attention to B&B’s deal with GMAC for its books […]
Much has been written about the introduction of the flat rate of capital gains tax announced in the October 2007 pre-Budget report.
Mortgage Brain has hit out at Enterprise’s plans to set up whole-of-market broker and consumer sourcing systems, claiming that it could create conflicts of interest.
Rules are made to be broken. Not so, says Liontrust chief executive Nigel Legge who this week hit out at the Investment Management Association calling on it to be stricter over qualifying criteria for its UK equity income sector.
It has been over four months since the surprise election of Donald Trump as US President. Despite the initial shock, the US stockmarket has continued to climb higher, with many investors forecasting that Trump will be more pro-growth than his predecessors. Watch Robin Milway, lead manager of the Neptune US Opportunities Fund, discuss the outlook […]
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Last week I was delighted to have the opportunity to talk about one of the most critical challenges for platforms over the next 5 to 10 years – whichhow do they need to evolve? And by ‘need’ – we frankly mean what’s required if platforms are genuinely to meet the needs of intermediaries and investors […]
Neil Woodford has upped his stake in Provident Financial as shares in the consumer credit company double from their August lows. According to a regulatory filing published late yesterday, the star fund manager increased his stake from 19.1 per cent to 20.1 per cent. Provident shares jumped 12 per cent on Friday morning when the […]
I have worked in retail financial services for the last 30 years, from the coal face as an IFA to the back office as head of compliance or technical services. Throughout this time, I have always believed the UK should follow the American Securities and Exchange Commission model of regulating products alongside the advice provided. […]