Failing the stress test
The results of a ‘stress test’ by the European Banking Authority on ninety European banks were revealed at the end of last week, with eight banks failing the financial health check.
Ripped off by will writers
Jul 18, 2011
The Legal Ombudsman has issued a damning report looking at the unregulated will writing sector, claiming thousands of people are being ripped off by those offering unregulated legal services.
The Retail Distribution Review is going ahead
Jul 16, 2011
Today sees the publication of a report from the House of Commons Treasury Committee, making recommendations following their review of the Retail Distribution Review (RDR).
Market numbers: Friday 15th July 2011
Jul 15, 2011
The FTSE 100 index of leading UK company shares finished the week at 5,843.66, down 3.29 points or -0.06% on the day and down 146.92 points (-2.45%) over the week.
Bank salesman turned MP makes lazy comment
Jul 15, 2011
Informed Choice chartered financial planner Nick Bamford responds from comments made by Labour MP Chris Evans about how IFAs act and behave.
What’s the alternative?
Jul 15, 2011
Informed Choice chartered financial planner Martin Bamford has been quoted in Investors Chronicle, in an article exploring alternative investments.
X marks the synthetic ETF spot
Jul 15, 2011
The suggestion from HSBC for providers of swap-based Exchange Traded Funds (ETFs) to use the letter x to identify the use of derivatives makes real sense.
Cash replaces pensions
Jul 15, 2011
A new study has found that executives in large companies are increasingly likely to be offered cash payments instead of pension contributions.
Now Irish debt is ‘junk’
Jul 13, 2011
The ratings agency Moody’s has downgraded Irish debt to ‘junk’ status with the prospect it will need a further bailout from the European Union and International Monetary Fund.
Setting the stage for further QE
Jul 12, 2011
The latest price inflation figures show that the pace of inflation slowed unexpectedly in June, with the Consumer Prices Index (CPI) falling to 4.2%.
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