View more on these topics

Over £500 raised for Children in Need at this year&#39s Mortgage Expo

Shelley Jones, business development managers at emfinancial raised £513.43 for children in need at this year&#39s Mortgage Expo.

She would like to thank all of the generous members of the mortgage community that generously donated to her cause.


IMLA appoints John Maltby as chairman

The Intermediary Mortgage Lenders Association has appointed John Maltby as its chairman. IMLA has also appointed a management committee which will comprise of Iain Crump, Tim Dawson and outgoing chairman John Heron. Maltby says: “I&#39m delighted to be taking over the chairmanship of IMLA at an exciting and challenging time in the industry, with a […]

Consumers embarrassed about being overdrawn

Five out of ten consumers are embarrassed about being overdrawn and one in three would never tell their parents, research from Nationwide reveals. This is despite almost 40% of people being more comfortable about going overdrawn now than they were a decade ago. Stuart Bernau, Nationwide&#39s executive director, says: “It is interesting that so many […]

Two in five adults choose property over pensions

Two in every five adults would choose property over pensions to provide for their retirement, a report by Mintel reveals. This figure is compared to just one in four who would consider a company pension and a mere one in six who would consider a personal or stakeholder pension. The report shows that property proved […]

Brokers told to have a back-up plan

Southern Pacific Mortgage Limited and the CML are both warning brokers to have contingency plans in place to become directly regulated by the FSA if their chosen principal fails to gain authorisation. Speaking at its regulation roadshow last week, SPML director of credit Stuart Aitken told delegates: “Direct authorisation is not the horror story it […]

Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.


News and expert analysis straight to your inbox

Sign up