JEFF PRESTRIDGE: Time for savers to shop around… National Savings & Investments has let us down By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 7 September 2019 | Updated: 14:01 GMT, 8 September 2019 National Savings & Investments is one of the country’s most trusted financial brands, but it doesn’t mean the … Read more
Tea and crumpets. Cricket. Constantly talking about the weather. Premium Bonds. All of these are unequivocally British and the last has captured the imagination like no other financial product since launching in the 1950s. When I interviewed Agent Million some seven years ago – the person whose job it is to deliver £1million jackpot news … Read more
ALEX BRUMMER: Neil Woodford should be ordered to suspend fees – if he declines, his ‘approved’ status should be removed, banishing him from the City By Alex Brummer for the Daily Mail Published: 21:51 GMT, 22 July 2019 | Updated: 17:28 GMT, 23 July 2019 Seven weeks have passed since investors in the Woodford flagship … Read more
Earlier this week I took a trip down memory lane to This is Money as it was a decade ago. Prompted by a conversation in the office, I fired up the Wayback Machine – which lets you go hunting for archived web pages – and hopped back to This is Money circa late July 2009. … Read more
Most savers with direct or indirect holdings in funds run by Neil Woodford are nursing nasty losses. It is worse than that. Investors in two of the firms that promoted the Woodford cult – investor platform Hargreaves Lansdown (HL) and advisers St James’s Place – have had a nasty shock. Not everyone is a loser. … Read more
The cult of personality in fund management is relatively new. The people managing our assets historically were hidden in the back rooms of big investment firms, subservient to the star dealmakers and traders. Perhaps inevitably in an age of celebrity, those who put up the best performances emerged from the shadows essentially as a marketing … Read more
The remarkable aspect of the NSF bid was the conviction by its architect, John van Kuffeler that the Provvy deal was in the bag A great shortcoming of weak-kneed big battalion shareholders has been the failure to come together to defeat bad decisions by companies in which they invest. That is changing. The revolt by … Read more
VICTORIA BISCHOFF: Hargreaves Lansdown investors put it in the dock for championing Woodford’s crisis fund By Victoria Bischoff for the Daily Mail Published: 22:55 BST, 4 June 2019 | Updated: 07:57 BST, 5 June 2019 Hargreaves Lansdown owes its customers one hell of an apology. As we reveal today, Neil Woodford’s decision on Monday to … Read more
JEFF PRESTRIDGE: End this attack on the finances of the nation’s middle classes By Jeff Prestridge for The Mail on Sunday Published: 21:15 GMT, 13 April 2019 | Updated: 11:38 GMT, 14 April 2019 Although I normally have little time for the pontifications of the Organisation for Economic Co-operation and Development, its latest report on … Read more
HAMISH MCRAE: The jobs boom must work for all with the playing field evened out By Hamish Mcrae, Financial Mail On Sunday Published: 21:27 GMT, 13 April 2019 | Updated: 10:40 GMT, 14 April 2019 How do we create so many jobs? Last week, the US recorded the lowest unemployment in nearly 50 years, since … Read more
Businesses are outraged over the six months of fresh Brexit purgatory to which they are condemned, but there are some problems that are even more difficult than extricating ourselves from the EU. Climate change, to name one. It used to be left to the lentil-munchers, but it has gone mainstream in the financial world as … Read more
It often begins at a young age with a sit-down one April with a parent or relative, telling you to pick a horse out of a 40-strong Grand National field that they’ll place a small wager on for you. You’ll pick by humorous name or colourful outfit – and it’s all in good jest. As … Read more
The message from the IMF meeting in Washington this week is that the world economy is in a precarious position. Brexit is just one instance of a wider uncertainty as the long-established rules of the game, in particular a belief in free trade, are being ripped up. The idea that a US President would threaten … Read more