Barclay’s & PPI

As a Barclay’s shareholder I am furious with the Bank’s PPI miss-selling. I read in the following article that Barclay’s has set aside a further £300 million....

Today’s Blog

I agree with the National Employment Savings Trust (NEST) that pension projections should be simplified. Simplicity is an underrated virtue. Sometimes less is more for clients. If you bombard them with huge amounts of information they will become confused and absorb...

Paying For Current Account Banking

There is no such thing as a free lunch. Andrew Baily is very out of touch if he thinks British consumers will pay for current account banking. The dismal rates of return and the opportunities banks have to sell to their customer base. If the banks state they cannot...

Today’s Blog

The following article is sad reading. http://www.moneymarketing.co.uk/investments/oecd-uk-heading-back-to-recession/1048984.article with oil prices up so much in percentage terms in the last few months most people’s disposable income has fallen. Talk of another...

Public Finances & The British Government’s Budget Deficit

The following article is sad reading on the state of public finances and the British Government’s budget deficit http://www.moneymarketing.co.uk/politics/govt-borrowing-higher-than-expected-in-july/1056599.article The lower than expected tax receipts are a sign that...

A Good Sign For The Mortgage Market

I am delighted that Virgin Money has started a process of securitisation for UK prime residential mortgages. I hope this is a sign that the bond market has confidence in UK mortgage lenders and British Banking institutions. I hope it will make my life as an IFA and...