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News

Mortgages

Redstone Mortgages fined £630k for arrears handling failures

Skipton-based lender Redstone Mortgages has been fined £630,000 and ordered to pay customer redress for unfairly treating customers in arrears.

clock 15 July 2010 •

uncategorised

UK optimism about retirement lags US and Canada

Britain's optimism about their retirement is lagging behind the USA and Canada according to research from Sun Life Financial of Canada.

clock 15 July 2010 •

Economics / Markets

China's GDP growth slows to 10.3% in Q2

China's GDP growth rate slowed to 10.3% in the second quarter, down from 11.9% the previous quarter, as the Government made efforts to cool the overheating economy.

clock 15 July 2010 •

Your profession

Anger as FSA shuts door on using client files to reach Level 4

The row over using real client files en route to QCF Level 4 reignited this week after the FSA toughened its stance on using them in alternative assessments.

clock 15 July 2010 •

Investment

Anthony Bolton: West will avoid double dip

Renowned investor Anthony Bolton has predicted a further phase to the bull market on expectations Western economies will avoid a double dip recession.

clock 15 July 2010 •

Investment

Gartmore shares fall 8% on Rambourg resignation

Gartmore's share price has fallen sharply this morning following the sudden resignation of star manager Guillaume Rambourg last night.

clock 15 July 2010 •

Economics / Markets

US and China GDP data weighs on FTSE

Revised US economic forecasts and disappointing GDP figures from China hit European markets in early trading on Thursday, with the FTSE falling 0.6%.

clock 15 July 2010 •

Your profession

City tycoon Myerson given three-year ban - papers

Controversial investor Brian Myerson is to be "cold shouldered" from any takeover dealings in the UK for three years after he failed to overturn a ruling that he had breached the Takeover Code.

clock 15 July 2010 •

Wrap/platforms

Fidelity makes internal hire as head of platforms

Fidelity has appointed Pete Burtonshaw as head of platforms with overall responsibility for both FundsNetwork and the DC propositions.

clock 15 July 2010 •

Economics / Markets

Ward: Bank of England 'must raise rates'

Henderson chief economist Simon Ward believes the Bank of England must stop ignoring strong UK inflation and raise interest rates.

clock 15 July 2010 •
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