Henderson’s multi-manager team has invested in the Middle East and North Africa through Algebra Capital’s alpha Mena fund.
Home Funding chief executive Tony Ward says banks and hedge funds are beginning to look at distressed sales from mortgage lenders.
The Competition Commission is considering banning the sale of Payment Protection Insurance at the point of sale of a credit product in order to improve competition and lower prices.
Northern Rock has entered into a three-year commercial agreement with Lloyds TSB Bank to provide mortgages to Northern Rock customers approaching the end of fixed rate periods.
By Jamie Clark, Business Development Manager With only a few weeks to go before the new pension freedoms allow people to access their pension funds as and when they like, there are concerns that the consequences of making (or not making) the right decision could put pension savings at risk. Yes, this revolution is exciting; […]
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]