The Council of Mortgage lenders (CML) has revealed it is likely to revise its forecast for repossessions in its next housing market forecast update, after admitting its prediction of 75,000 for the year now looks pessimistic.
Passive funds are expected to grow in popularity in the post-retail distribution review (RDR) environment as product bias diminishes.
Fund of funds that do not offer asset allocation as part of their investment approach are failing to do their job properly, according to Cazenove Capital's Marcus Brookes.
Skandia topped gross platform sales in Q1 this year, collecting a 36% share on the top four platforms.
Insurers erroneously declined protection claims in only a tiny number of cases in the last two years, despite the public's negative perception of the industry, a study suggests.
Pensioners retiring in seven of the twelve most popular destinations for UK expats will have their state pension frozen at the rate when they first started drawing it, according to Alliance & Leicester International (ALIL).
The UK Government's "prejudiced" view of offshore centres and its general misunderstanding of the industry could harm London's position as the international finance capital, ex shadow chief secretary to the Treasury Howard Flight warns.
The UK Government's "prejudiced" view of offshore centres and its general misunderstanding of the industry could harm London's position as the international finance capital, ex shadow chief secretary to the Treasury Howard Flight warns.
Pensioners retiring in seven of the twelve most popular destinations for UK expats will have their state pension frozen at the rate when they first started drawing it, according to Alliance & Leicester International (ALIL).
Scottish Widows is being accused of threatening to shut down IFA agencies as the insurance giant seeks to address falling business levels.