Senior Managers Regime

Senior Managers Regime

The FCA Senior Managers Regime has now been functioning in respect of banks and insurers for six months. The regime will be extended to all regulated financial services firms, including advisers from 2018, but the regulator has not so far been clear as to how it will...
Binary Trading

Binary Trading

Trading in Binary Options is ‘the latest and fastest growing manifestation of investment fraud’, according to the City of London Police who say that £12 million has been reported lost by customers already this year. A Binary Option, also known as an ‘All or Nothing’...
Death of Annuities?

Death of Annuities?

Annuity rates, which are based on gilt yields, have long been in decline as low interest has chipped away at returns. Brexit delivered a further blow, to the extent that on 11th August, the 15 year gilt yield fell to an all time low of 0.9%. The great virtue of...
What Golden Egg?

What Golden Egg?

One third of homeowners currently over age 45 and with a mortgage are unlikely to pay it off before they are 65, which suggests that people are overestimating the capacity of equity in their homes to satisfy their financial aims in retirement. In the wake of long term...
Malware

Malware

The term ‘Malware’ is short for ‘malicious software’ and is any software used to disrupt computers operations, gather sensitive information, gain access to private computer systems or display unwanted advertising. Previously such activities were referred to as...