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DIY investors warned to check charges

Findings from Prudential suggest that many DIY investors, those who self-select the majority of their investments, are failing to consider important taxes and charges when making investment decisions. Almost half

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Mortgages will be easier to get in 2013

Research out today suggests the high deposit market is saturated with offers so if lenders want to lend they have little choice other than to reopen shop to first-time buyers

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Claims great rotation into equities “overstated”

Ashish Misra, head of investment policy and research at Lloyds TSB Private Banking, has suggested the idea of a “great rotation” from fixed income in to equities is “a curious

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Equities dominate in January 2013

In contrast fixed income funds continued their downward trend in net retail sales with an outflow of £85m – the first outflow for the asset class since October 2008 (£142m).

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Pension funds urge companies to curb bonuses

In a letter sent to the chairmen of FTSE 350 businesses the National Association of Pension Funds warned that companies that have failed to create a strong link between executive

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Halifax slashes ISA admin charge

New customers opening a Self-Select Stocks & Shares ISA before 5 April 2013 will have their admin charges waived for the remainder of the current tax year (2012/2013) and the

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Grandpa moneybags doling out £2,496 a year

Research from Investec Wealth & Investment has revealed that nearly half (47%) of grandparents who offer help, finance their grandchildren’s day to day living expenses or pay off their debts.

Featured , Funds , News , Property , Shares , Small Caps , Tax Efficient Investing , Viewpoint

Firms may be forced to come clean on past mistakes

The financial watchdog has published a discussion paper asking financial services firms and consumer bodies whether greater “transparency” on mis-selling redress, insurance claims and customer complaints broken down by firm

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Banks still reluctant to lend more

In the quarter ending 31 December 2012 11 banks lent £9.5bn taking the total amount drawn under the scheme to £13.8bn. But net lending by FLS participants over the quarter

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£592 windfall expected for MGM policyholders

The deal is still subject to approval from members and from the Financial Services Authority. There will be an extraordinary general meeting in May 2013. Tom McPhail, head of pensions