No, me neither. A ‘Special Purchase Acquisition Company’ is apparently also known as a "blank...
Investments
“FCA mulls online test for high risk investments”
There has to be something I’m missing here. High risk investments are almost certainly the ones...
“FOS redundancy total could swell as axe falls across organisation”
The Financial Ombudsman Service (FOS to us) is getting a roasting. They’ve a huge backlog and are...
“L&G told to compensate client over investment advice given 25 years ago”
I bought this car in 1997. I sold it in 2003, but I was never really happy with it, the seats gave...
“FCA warns young investors taking on too much risk”
It’s generally true that younger clients are happier to take more risk, young, to us sadly, being...
“Research finds most Brits do not trust financial advisers”
The case for the defence, m’lud. Firstly, less than 10% of Brits actually use a financial adviser....
“Broken regulation has crushed adviser morale: Pimfa”
We advisers are feeling sorry for ourselves, as we’ve had yet another bill from the regulator....
“GameStop traders, you won’t have beaten the elite if your bubble bursts”
Didn’t want to give this stuff still more of an airing, but I’m being asked about it daily, alas....
New president, new Brexit deal, new vaccine hope – can 2021 be a shot in the arm for investors?
Whatever the current state of the markets, I’m still asked ‘what do you think we should do, given...
“DIY investors number grow 42% in Covid trading boom”
Looks like enforced leisure and additional screen time, reduced spending and a see-sawing...
“FTSE hits 10-month high as it smashes through 6,800”
Doesn’t seem that long ago that we were worrying that the FTSE was too high when it was set to go...
“This could be the best time in 40 years to be buying British shares”
I talked last week of the poor performance of the UK stockmarket. Here’s the positive view, that...
UK Stockmarket underperforms the rest
When most see this headline, their first thought is Brexit. Yes, that’s a factor, and watch this...
“FSCS pays out £5.9m on offshore property advice”
Here we go again. Who on earth are these gullible people who believe they’ll secure a guaranteed...
“Steelworker blames FCA for killing DB transfer advice”
I remember a TV series or two years ago which followed the fortunes of families who’d sold up at...