The Limes Country Lodge
Forshaw Heath Road
Earlswood
Solihull
B94 5JZ
T: 0121 744 4886
F: 01564 703 728
The UK unemployment rate fell from 7.8% to 7.7% in the three months to May, according to the latest figures from the Office for National Statistics (ONS).Between March and May, 26,000 more people found work, reducing the overall number of unemployed to 2.45m, or 7.7% of the economically active the...
Read More...
Date Added 13/07/2011
Ombudsman awarded "gold standard" in recognition of its "commitment to providing equal access to all customers".The Financial Ombudsman Service (Fos) has been awarded a gold standard award for equality by not-for-profit organisation Committed 2 Equality, in recognition of its to...
Read More...
Date Added 12/07/2011
City regulator publishes guidance consultation paper on risk management strategies of counterparties in response to "substantial change" in clearing market.The Financial Services Authority (FSA) has launched a new review into credit risk management by central counterparties (CCPs), which...
Read More...
Date Added 12/07/2011
America’s Federal Reserve is continuing to repurchase assets despite the end of its second round of quantitative easing, or QE2, in amounts large enough to be labelled “QE2.5”.Bernd Kraan, a senior portfolio manager for global currency at Henderson, says the Fed has committed...
Read More...
Date Added 12/07/2011
Concerns over emerging markets’ debt problems increased last week after research by Moody’s on China and Marshall Wace on Brazil.Analysis by Moody’s Investors Service of data from China’s National Audit Office suggests that the scale of problem loans issued to the local is a...
Read More...
Date Added 11/07/2011
If you simply look at the numbers, investors could be forgiven for feeling slightly disappointed by equity returns in 2011.After a strong final half of 2010, global developed markets equities and their emerging peers saw returns of 4% and -0.4% respectively in dollar terms over the first six months...
Read More...
Date Added 08/07/2011
Another global recession could occur within three months of a third quantitative easing programme (QE3) in the US if oil prices are not taken into consideration, according to Cazenove’s Robin McDonald. Robin McDonaldOn June 30, the US Federal Reserve concluded its second bout of easing,...
Read More...
Date Added 07/07/2011
The Bank of England (BoE) base rate has been held at 0.5% for the 28th month in a row and quantitative easing has been kept at £200 billion.The last rate change was on March 5, 2009, when it was reduced from 1% to 0.5%.On the same day, the Bank of England initiated a £75 billion easing...
Read More...
Date Added 07/07/2011
There are good reasons why insurers will get behind Dilnot's recommendations, an industry expert claims.The Dilnot Review is an opportunity for insurers to get more innovative products out there if the recommendations are implemented, Nick Kirwan, assistant director for health and protection at the...
Read More...
Date Added 07/07/2011
At today's second first time buyers summit, the housing minister urges lenders not to "lock a generation of young people out of the housing market" .Housing minister Grant Shapps has called on lenders today (5 July) to offer 'mates mortgages' so younger first-time buyers can club together...
Read More...
Date Added 06/07/2011
The retail distribution review should be a positive step forwards for consumers but they will need to adjust to the concept of paying upfront for their financial advice, Justin Modray has warned.The IFA and founder of website candidmoney.com has been receiving many questions from the public on how...
Read More...
Date Added 05/07/2011
Leaving the UK’s base interest rate at 0.5% when inflation is well above target is “simply derelict”, according to Europe Economics’ Andrew Lilico.Lilico, a director and principal at the economic analysis consultancy, says the Bank of England’s Monetary Policy (MPC) is...
Read More...
Date Added 05/07/2011
This morning's headlines brought to you by Investment Adviser: Monday July 4, 2011Bank may start printing money again as fears for economy spreadThe possibility of a further huge injection of money to underpin the economy will be discussed by policymakers at the Bank of England this week, pushing a...
Read More...
Date Added 04/07/2011
The FTSE 100 is expected to continue its rise this week after surging 44 points (0.75 per cent) to close at 5,989 on Friday, taking its weekly gain to 267 points (4.7 per cent).Interdealer broker ICAP was the top performing blue chip in London on Friday, closing with a 5.1 per cent gain followed by...
Read More...
Date Added 04/07/2011
Experts expect the Dilnot report into care for the elderly will push for an overhaul of the care system and a fair split of costs.The government's Commission on Funding of Care and Support, led by economist Andrew Dilnot is due to deliver its report this morning (4 July).Independent Age, a charity...
Read More...
Date Added 04/07/2011
The Greek parliament has voted to approve prime minister George Papandreou’s new austerity package by a narrow margin.Fresh measures, which include €28 billion (£25 billion) of spending cuts, tax rises and sales of state-owned assets, were passed this afternoon by 155 votes to of A...
Read More...
Date Added 04/07/2011
The regulator's latest plans for legacy commission "sit strangely" with the line taken in previous consultations, an industry expert warns.The FSA's draft guidance on IFA's legacy commission could cause "perverse incentives on payments", Dr Matthew Connell, principal for and at...
Read More...
Date Added 30/06/2011
IFAs welcome "tougher, bolder" approach in the light of scandals such as Keydata in recent years, but there were warnings over the extent of regulator's new powers.The Financial Services Authority (FSA) published an approach paper today (27 June) in which it said its successor will be on...
Read More...
Date Added 29/06/2011
New proposals in the autumn will aim to change the rules around short service refunds, which are seen as a potential threat to auto-enrolment objectives.The Department for Works and Pensions (DWP) has today (27 June) announced plans to change the rules around short service refunds from pension it a...
Read More...
Date Added 29/06/2011
Britain's new financial regulator will have to strike a balance between costs and carrying out its duties effectively, Hector Sants, chief executive of the FSA, has said.Speaking at the FSA conference on the FCA approach to regulation today (28 June), Mr Sants said the successor to the current the...
Read More...
Date Added 29/06/2011
The western world’s investment management industries could lose business to Asia without more co-ordinated regulation, a new study argues. A report by KPMG, the professional services firm, entitled Evolving Investment Management Regulation, claims that the “sheer complexity”...
Read More...
Date Added 28/06/2011
The FSA has attacked banks and large financial services firms for basing their business models around aggressive selling tactics. Margaret ColeSpeaking at a conference held by Which? on financial services reform in London this morning, Margaret Cole, the interim managing director of the unit I...
Read More...
Date Added 28/06/2011
The story of the moment is whether or not Greece it is going to receive the €12bn in aid it is due from the International Monetary Fund as part of the conditions of its earlier bailout.Chances are that Greece will eventually receive the payment - and before the 15 July cut-off date - but...
Read More...
Date Added 22/06/2011
Read More...
Date Added 17/06/2011
The size of the domestic banking sectors in the largest emerging markets will outstrip those of the largest developed economies in the next quarter of a century, according to a study from PricewaterhouseCoopers (PwC).PwC’s Banking in 2050 report advises investors on “how best to take of...
Read More...
Date Added 03/06/2011
FirstStop has warned of "catastrophic" outcomes as selling a home may not be enough to pay for a care home place.Analysis of economic data by the information service has found that compared to five years ago selling a home may not be enough to pay for a care home place.Taking into above a...
Read More...
Date Added 02/06/2011
Platform providers and industry bodies have raised concerns at the FSA's delay in the release of its platform paper.The Financial Services Authority (FSA) confirmed today (1 June) its latest Retail Distribution Review (RDR) platform paper, which was expected this month, will now not be produced the...
Read More...
Date Added 02/06/2011
FSA confirms an increase to the limit on awards made by the Financial Ombudsman Service from £100,000 to £150,000.The Financial Services Authority (FSA) today (27 May) also confirmed new complaints handling rules as part of a package of measures to drive up standards within the new the...
Read More...
Date Added 27/05/2011
NEST has now announced what its investment funds will look like.Here’s a summary of what the NEST investment funds will be, based on what we know so far:Firstly, NEST conducted research into its target group and identified that most members will:Take no active investment decision and would to...
Read More...
Date Added 27/05/2011
For Tax rates and allowances, follow the link below:www.hmrc.gov.uk/rates/it.htm For National Insurance rates and limites, follow the link below:www.hmrc.gov.uk/rates/nic.htm
Read More...
Date Added 16/03/2011
Registered in England and Wales 03339739
Web Design By Devmac Systems