The Financial Services Authority has taken no enforcement action against the Royal Bank of Scotland Group after launching a supervisory investigation into the bank.
More brokers may be forced to charge fees after a number of lenders have revealed that they are making changes to proc fees in the new year. Barclays, The Mortgage Works and Lloyds Banking Group are all changing their proc fees on January 1. Barclays is ending its enhanced proc fees on offset mortgages and […]
More than 200 Openwork firms representing 1,000 users have switched across to the network’s new protection panel, Openwork Select, following its launch in September.
The average annual global house price growth in Q3 2010 was 3.1%, with Asia-Pacific seeing growth of 9.9%, and Europe only 0.8%, shows the Knight Frank Global House Price Index.
The British Chamber of Commerce has reduced forecast expectations for UK GDP growth in 2011 to 1.9%, down from 2.2%, and is predicting £50bn more quantitative easing next year.
By George Boyd-Bowman, Fund Manager at Neptune The Neptune Global Income Fund seeks exposure to the very best – and often overlooked – income opportunities from across the world. Unconstrained by benchmarks, the fund currently has 24 per cent invested in Japan, differentiating the high conviction portfolio from many of its peers. Watch Neptune Fund […]