by Richard | Feb 28, 2020 | Archive
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...
by Richard | Feb 28, 2020 | Archive
I was pleased to read the FSA is holding Banks to a proper standard. If customers are paying for a bank account with lots of features with insurance policies, it is a necessity that they cross check that the paying customer is getting good value for money and can or...
by Richard | Feb 28, 2020 | Archive
The following article is another industry professional decreasing their exposure to China http://www.moneymarketing.co.uk/investments/cazenove-decreases-china-exposure/1055400.article . I hold a personal view that China is higher risk than is generally thought. If you...
by Richard | Feb 28, 2020 | Archive
I have recommended to some of my clients that they invest in corporate bond funds. They have been very popular over the past year owing to the poor returns on Bank and Building Society cash accounts. The following article is unsettling reading...
by Richard | Feb 28, 2020 | Archive
The following article is a chilling read http://www.moneymarketing.co.uk/regulation/treasury-eyes-adviser-role-in-tax-avoidance-crackdown/1055077.article . The powers HMRC are trying to grab are far too intrusive. I would suggest the Government spend more time draft...
by Richard | Feb 28, 2020 | Archive
As a tax payer I am furious following my reading of this article http://www.moneymarketing.co.uk/mortgages/rbs-sets-aside-435m-for-misselling-claims-and-tech-failure/1055754.article Every time RBS is fined it means that there will be less profits to pay back the...