The Week in Numbers 9% – Annual rise in house prices in the three months to November, down from 9.7% in October, according to Halifax £20K – New minimum capital adequacy requirement for advice firms. It was previously £10,000. 0.3% – Expansion of Eurozone GDP in Q3 2015, compared to Q2, according to estimate by Eurostat 25% – Shares in Clydesdale and Yorkshire Bank to be sold in an…
The Week in Numbers £5m – Potential annual increase in advisers’ FSCS levies if the FCA pushes ahead with plans to expand the scheme 13% – Fall in assets under management at Aberdeen following outflows from the group’s flagship emerging markets equity funds £16m – Paper loss made by Neil Woodford on investment in Northwest Biotherapeutics. Woodford has called for an ex-FBI agent to be appointed as non-executive director 3%…
The Week in Numbers 5 – Number of organisations that should merge to become a single trade body, according to a review chaired by former Ofcom chief Ed Richards. The list includes the CML and the BBA £3.7m – Amount in Hargreaves Lansdown shares sold by investment marketing director Ian Hunter 99 – Number of companies that have defaulted on their debt this year, according to Standard & Poor’s….
The Week in Numbers – 17th November 24% – Proportion of calls not answered by HMRC staff. MPs have criticised the tax office’s performance calling it “completely unacceptable” £500 – Amount each new employer using The People’s Pensions for auto-enrolment will be charged in 2016 9 – Number of insurers on the Financial Stability Board’s “Too big to fail” list. Dutch insurer Aegon replaced Generali last week 400 – Number…
The Week in Numbers – 3rd November 2015 44% – Year-on-year rise in pension investment inflows reported by St James’s Place in the third quarter , from £430m to £620m 0.5% – Growth in UK GDP in the third quarter, according to estimates from the Office for National Statistics £15.4m – Redress that payday lender Dollar Financial UK will pay to over 147,000 customers after reaching an agreement with…
The Week in Numbers 34% – Year on year rise in SIPP claims reported by the Financial Ombudsman Service, from 210 in Q3 2014 to 281 in the same quarter this year 10 Years – Length of SIPP administration deal agreed between Curtise Banks and Zurich 100 – Number of Sanlam Wealth Planning employees whose jobs are under threat after the firm placed its Rhyl and Worcester offices under…
The Week in Numbers – 13th Oct 2015 6 – Number of former brokers standing trial at Southwark Crown Court facing charges of Libor rigging 80% – Proportion of cash lump-sum withdrawals since pension freedoms made by savers under 65, according to the ABI £35K – Funds pledged by the CISI to promote financial planning following its merger with the IFP £3.5m – Cash injection secured by adviser reviews…
51% – Proportion of people who do not know if their provider levies charges for managing their pension pot. 0% – CPI inflation in August, down from 0.1% in July according to the Office for National Statistics 80% – Proportion of investment houses that publish out-of-date fund data, research by fintech company Instinct Studios shows 5.2% – House price growth in the year to July 2015, down from 5.7%…
The Week in Numbers – 14th September 50% – Rise in protection sales reported by LV= in the first half of the year. Total life sales hit £869m, with profits of £12m £8bn – Size of Jupiter’s Merlin fund range. Jupiter’s John Chatfield-Roberts has stepped down as CIO to focus on managing the funds 2.83% – Average interest rate on gross mortgage advances in Q2, the lowest figure on…
Permanent placements continue to rise, but rate of growth eases to 26-month low. Key points from July: Growth held back by skill shortages Salary growth remains strong, despite easing to 18-month low. Candidate shortages bite… The availability of staff for permanent roles fell further in July, with the rate of decline accelerating to the sharpest since November 2014. Businesses are struggling to find the talent they need and…
