by cffadmin | Aug 12, 2018 | Uncategorized | 0 Comments
Good taxation is progressive, raises necessary taxes and stimulates the economy and desired behaviours. Have the latest changes to Stamp Duty legislation achieved this? The latest release from HMRC shows a sharp decrease in the number of residential housing...
by cffadmin | Aug 6, 2018 | Uncategorized | 0 Comments
The Works and Pensions Sub committee Following on from its earlier report on Port Talbot, a new inquiry focusing on whether the pensions industry provides sufficient transparency around charges, investment strategy and performance to consumers. The earlier report on...
by cffadmin | Jul 28, 2018 | Uncategorized | 0 Comments
Would you be surprised to discover that despite all the changes in regulation and technology, financial market fraudsters employ the same behaviours as they have been doing for centuries. A new report has analysed nearly 400 cases over 225 years. The behaviours are...
by cffadmin | Jul 28, 2018 | Uncategorized | 0 Comments
The FCA is planning to crackdown on the industry. Much tougher rules are proposed following concerns that investors are taking on much more risk than they realise. The FCA are concerned that a rise in interest could trigger defaults on higher risk loans on these...
by cffadmin | Jul 17, 2018 | Uncategorized | 0 Comments
Amazing judgement – brokers who ripped off consumers with excessive commission will need to repay all the commission earned – not just the excess of what is fair. In this case over £17,000 including interest for PPI on a £30,000 loan It shows the...
by cffadmin | Jul 17, 2018 | Uncategorized | 0 Comments
The government intend to ban pension cold calling this autumn – better late than never and too late for those who have been scammed. For most of us our pensions are our biggest asset or our biggest asset after our house. It can mean the difference between a...
by cffadmin | Jul 17, 2018 | Uncategorized | 0 Comments
The UK Government has launched an enquiry into the use of RPI as a measure of inflation. It will be specifically asking whether RPI should be dropped as a measure of inflation. The impact if this is dropped is enormous – a vast gamut of contracts, pensions and...
by cffadmin | Jul 17, 2018 | Uncategorized | 0 Comments
The last few weeks have proved yet again that fairness is missing in consumer finance, There is a need for real change. In the loans space – Fairmoney clearly fulfills the role. Amigo Loans In Saturday’s Times there were a series of articles on Amigo loans,...
by Laurence Julius | May 8, 2018 | Uncategorized | 0 Comments
The Provvy: An expensive £170 million lesson on its “repayment option plan”. It demonstrates why it pays to be fair. One also wonders how this could occur in the wake of the PPI debacle. The Provvy have just be fined just under £2 million and order to pay...
by cffadmin | Mar 9, 2018 | Uncategorized | 0 Comments
Non-Workplace pensions should have similar charges structures to new workplace pensions – its only fair. FCA has published an excellent discussion paper pointing out anomalies between the charging structure in old non workplace pensions and workplace pensions...
