Homeowners count the cost of equity release as regulator warns poor advice is leaving elderly borrowers out of pocket The results of an FCA review of equity release advice firms found ‘significant areas of concern’ in the way some were selling equity release Many advisers were told they are not doing enough to ensure customers … Read more
MIDAS SHARE TIPS UPDATE: Reap rewards over the long term with Ashoka India Equity Investment Trust as India leads vaccine hunt By Joanne Hart for The Mail on Sunday Published: 22:31 BST, 6 June 2020 | Updated: 22:31 BST, 6 June 2020 Universities, big drug groups and governments worldwide are racing to find a vaccine … Read more
Rising numbers of older homeowners are resorting to equity release to help out loved ones during the coronavirus crisis. Despite the lockdown, equity release providers have handed out loans worth millions of pounds. Recent figures show that the proportion of borrowers using the wealth in their home to help out relatives had risen 20 per cent, from … Read more
Private equity baron secures seat on board of company behind make-up brands Rimmel and Max Factor amid speculation that predator is circling By Ben Harrington, Financial Mail on Sunday Published: 21:59 BST, 30 May 2020 | Updated: 21:59 BST, 30 May 2020 A powerful private equity baron has secured a seat on the board of … Read more
Soaring numbers of parents and grandparents are raiding the equity in their homes to help younger relatives get on the property ladder. Estate agents and mortgage brokers have told Money Mail they are hearing from more and more buyers who are able to put down a deposit on their first home only because an older … Read more
AVIVA UK LISTED EQUITY INCOME: The fund that aims to deliver returns through thick and thin By Jeff Prestridge for The Mail on Sunday Published: 22:00 BST, 23 November 2019 | Updated: 11:11 BST, 25 November 2019 Fund manager Chris Murphy has worked in the City for more than 30 years – running money both … Read more
GUINNESS GLOBAL EQUITY INCOME: The fund investing in companies that have not cut dividends so far By Jeff Prestridge for The Mail on Sunday Published: 22:04 BST, 11 April 2020 | Updated: 22:04 BST, 11 April 2020 Guinness Global Equity Income is a rare breed among income-orientated investment funds. Since launch at the end of … Read more
Laurence Fox received an apology from Equity, the UK actors union, on Friday, after they called him a ‘disgrace’ following his Question Time appearance in January. He had sparked a race row by claiming the inclusion of a turban-wearing soldier in Sam Mendes film 1917 was ‘incongruous’. Equity apologised on social media and have agreed an … Read more
Equity release rates have plummeted to their lowest ever levels as demand for later life finance grows, research has revealed. But homeowners who are recommended a lifetime mortgage, where interest rolls up into the loan, could actually save tens of thousands of pounds by refusing equity release and taking a retirement interest-only mortgage. Last year … Read more
FRANKLIN UK EQUITY INCOME FUND: Be bold – and keep buying, says fund chief Morton By Jeff Prestridge for The Mail on Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 Colin Morton of Franklin Equity Having run investment fund Franklin UK Equity Income for the past 25 years, manager … Read more