Money Marketing won a hat-trick of awards at the prestigious Headline Money awards. Chris Salih won trade investment reporter of the year, Tanya Powley won trade mortgage reporter of the year and Paul McMillan is trade journalist of the year.
Are lenders in danger of becoming too cautious? Despite the Bank of England’s £50bn rescue package, we have seen further evidence of lenders tightening criteria by cutting maximum loan to values (Abbey and Nationwide), introducing higher rates for those borrowing more than 75 per cent LTV (Alliance & Leicester) and hiking rates (too many lenders to mention by name).
Persistent media coverage about disgraceful care homes and families being forced to sell up to pay fees have finally prompted Gordon Brown to launch a consultation into the funding of social care. He admits the system needs “radical reform”.
The pension versus Isa debate has raged on and off for years. Les Cameron, head of technical at Prudential, asks if three’s a crowd. I think the debate was arguably settled by pensions freedom when the biggest downside of pensions – limited access and poor death benefits – was fundamentally changed. Total access, albeit with […]
Discretionary fund manager Brooks Macdonald has said that its in-house financial planning business remains a “major introducer” of funds into its investment solutions. Brooks offers independent, whole of market financial advice, along with managed portfolio services, multi-asset model portfolios, and bespoke investment options. In Brooks’ annual results released this morning, it says it is committed […]
Despite being around since the 1970s, index tracker funds did not have much love from investors until a decade ago, when Lehman Brothers crashed along with many people’s faith in financiers. The popularity of passive funds grew steadily and they went from a negligible market share at the beginning of the millennium to making up […]
IFAs want more clarity on environmental, social and governance investment products to be able to better communicate them to clients. A HSBC Global Asset Management survey of over 200 UK IFAs found that 57 per cent would like more ratings for ESG products. Concerns over diversity, human rights, consumer protection, and animal welfare are the […]