Here are five stories clients may have read in the weekend's papers…
Estate agency Foxtons is set to announce a £400m stock market flotation later this week, reports the Mail on Sunday. The firm was sold to private equity group BC Partners in 2007 for £375m but renewed investor confidence in the property market has prompted Foxtons to consider the sale of new shares. Read more here
The UK's biggest building society has temporarily shelved plans to lend to small and medium-sized enterprises (SMEs), in order to meet capital requirements set out by the regulator. The Financial Times reports that Nationwide has had to be more selective about how it invests in the business in order to boost its leverage ratio to 3% by 2015. Read more here
The number of mortgages available has topped 3,500 for the first time since the financial crisis, according to the Independent. The Government's £60bn Funding for Lending Scheme has delivered a boost to the market and there are currently 25% more mortgages available than a year ago. Read more here
Five things clients will call you about this week
Savers over 55 have withdrawn £27.1bn from cash deposits over the past year, reports the Sunday Times, under the dual pressures of high inflation and low interest rates. The paper looks at some of the alternatives older savers are turning to in order to find better returns before retirement. Read more here
Investors are overlooking smaller, better performing funds due to the prominence of big, well-known brands. The Telegraph looks at some of the alternative options on offer from smaller boutique fund houses which may have passed investors by. Industry experts have compiled a list of ‘boutique gems' investors might consider for their ISA or portfolio. Read more here
An ambitious objective
'Something completely new'
'Illusion of control'
Reasons to be cheerful
Total investment reaches £9m