Today’s Blog

I read the following article with some surprise. http://www.moneymarketing.co.uk/pensions/employers-could-face-%C2%A310000-auto-enrol-non-compliance-fines/1053457.article The proposed fines for non-compliance are enormous. If you are an employer of a large number of...

Building Society Regulations

The following article is very sad reading for those of us who like Building Societies and want a thriving mutual sector http://www.moneymarketing.co.uk/mortgages/mutuals-look-for-new-ways-to-raise-cash/1053356.article . The European Union (EU) is at it again creating...

The FSA’s Proposed Investigation

Despite my many entries on this blog about Payment Protection Insurance (PPI) I think the FSA’s proposed investigation into salespeople’s remuneration structures will be a complete waste of money, as reported in the following article...

Honister Capital

I was very sad to read the following article http://www.moneymarketing.co.uk/adviser-news/honister-capital-goes-into-administration/1053946.article I hope the Independent Financial advisors that relied on Honister Capital to do business find alternatives swiftly. I...

Revenue From Fines

I was furious to read the following article http://www.moneymarketing.co.uk/politics/fsa-fines-since-april-set-to-go-to-treasury/1053941.article Monies raised from fines by the FSA need to be spent on more enforcement and repairing the damage the various scandals have...

New Member of the MPC

I hope the new addition to the Monetary Policy Committee (MPC) Mr Ian McCafferty will end the debasing of Sterling by letting the British Government off the hock with their economic mismanagement with Quantative Easing (QE). QE has been a huge factor in the inflation...