Why I don’t own bank shares

Terry Smith, the former chairman of Collins Stewart is pictured during an interview at the Financial TImes building in London.

Banks rely on leverage just to make a living

Advice & Comment

Roger Beale
What would happen to my employment rights if I sold part or all of my veterinary business to a national chain?
©Dreamstime
This week’s boardroom trades, including at sausage skin maker Devro, Enquest and Keller Group
Legal & General Group
©Gabriel Szabo/Newscast

Legal & General cuts tracker fees

Charge for mainstream products down to 0.1%

Treasury in line for pension tax windfall

Reforms receipts could well exceed official forecasts

Lloyds to axe 9,000 jobs in digital drive

Bank reveals three-year plan which will also see 200 branches shut

Equity release providers rapped

Ombudsman says products often work out expensive

Income managers downplay dividend gloom

But investors may need to look outside megacaps

Tax threat to pension cash withdrawals

Providers may have to levy ‘emergency code’

Scots rush to sell homes

Increase in activity ahead of April stamp duty changes

Savers need ‘second line of defence’

FCA urged to bolster guidance

EIS industry rejects tax status risks

Scheme managers dismiss claims HMRC could move goalposts

PERSONAL FINANCE AWARDS

The Personal Finance section of FT.com won Best Use of Social Media at the Headline Money Awards 2013 in recognition of its podcast, tweets and blog posts.

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