The Financial Services Authority’s (FSA’s) review of the mortgage market has raised some awkward questions. The FSA issued a paper last month in which it set out new rules for the mortgage market. These rules, according to the FSA, ‘will … Continue reading →

The UK economy grew by 1% in the third quarter. After three consecutive quarters of contraction, the UK economy grew by 1% in the third quarter, its biggest quarterly increase in five years. The end of the ‘double dip’ recession … Continue reading →

Affluence isn’t what it used to be… At last year’s Liberal Democrat conference in Brighton, Danny Alexander, the Chief Secretary to the Treasury, announced that HMRC would create a new ‘Affluent Unit’, targeting those with a net worth of at … Continue reading →

The last big idea to reform workplace pensions has been quietly put to rest. In April 2001, stakeholder pensions were launched, looking remarkably like charge-limited versions of their personal pension predecessors. Six months later, employers with five or more employees … Continue reading →