The US Dollar As The Global Reserve Currency

The following article is a fascinating read http://www.bbc.co.uk/news/business-24486685 I wonder if such deals will materially affect the value of the US Dollar in the future and end the Dollar as the Global reserve currency. Investors looking for international...

See The RDR To Its Logical Conclusion

The FCA’s consultation on allowing cash rebates to continue highlights how poorly executed the Retail Distribution Review (RDR) was in practice. This matter should have been determined from the start of the implementation and not years later. This is particularly...

Equitable Life & Pensions

I was pleased to read that the Government has extended its deadline for claims for compensation for those people caught out by the Equitable Life failure. The pensions industry has been rocked with a number of problems and it is important that some of them are put...

The UK’s Savings Ratio

I hope the net out flows from M&G are limited to M&G and are not indicative of the investment industry. The UK’s savings ratio is far too low and needs to increase. In the age of relatively high inflation compared with the last 20 years those on fixed...

HMRC Focusing On Something So Small

The consultation mentioned in the following article by HMRC is hardly worth the cost of the consultation. http://www.moneymarketing.co.uk/mortgages/hmrc-consults-on-pulling-mortgage-interest-relief-for-home-income-plan-borrowers/1074039.article According to the...