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Tuesday, December 18, 2018
And so, a butterfly: How Nationwide set themselves up for a sustainable intranet transformation

And so, a butterfly: How Nationwide set themselves up for a...

After the stress and intensity of a new intranet launch, the temptation can be to sit back and relax. The Nationwide team, however, knew that a “launch and leave” approach would ultimately get them back to square one in a few years’ time. Instead, they worked hard to set up the governance and team structure…
Weekly Commentary: Q3 2018 Z.1 And The Cycle Peak

Weekly Commentary: Q3 2018 Z.1 And The Cycle Peak

Total Non-Financial Debt (NFD) expanded at a 4.4% annual rate during Q3 to a record $51.324 TN. Since the end of 2008, NFD has increased $16.3 TN, or 46%. Q3's NFD growth rate was down from Q2's 5.2% and Q1's 6.3% - and lower as well than Q3 2017's 4.9%. Total Household borrowings accelerated to…
Farmer loses case over €198,000 drop in investment

Farmer loses case over €198,000 drop in investment

Stock photo A farmer whose €350,000 investment dropped to €152,000, after it failed to perform as expected, has lost an appeal over whether he received financial advice before investing. The High Court upheld the Financial Ombudsman's finding that Val O'Driscoll's complaints were not substantiated. He claimed the Ombudsman erred in her findings. Mr O'Driscoll, Ballinderrig…
Farmer loses case over €198,000 drop in investment

Farmer loses case over €198,000 drop in investment

A farmer whose €350,000 investment dropped to €152,000 after it failed to perform as expected has lost an appeal over whether he received financial advice before investing. The High Court upheld the Financial Ombudsman’s finding that Val O’Driscoll’s complaints were not substantiated. He had claimed the ombudsman erred in her findings. Mr O’Driscoll, Ballinderrig Farm,…
Farmer loses appeal over losses on property investment

Farmer loses appeal over losses on property investment

Stock image A farmer whose €350,000 investment dropped to €152,000 after it failed to perform as expected has lost an appeal over whether he received financial advice before investing. The High Court upheld the Financial Ombudsman's finding that Val O'Driscoll's complaints were not substantiated. He claimed the Ombudsman erred in her findings. Mr O'Driscoll invested…
More households in mortgage arrears now than in 2008, FCA says

More households in mortgage arrears now than in 2008, FCA says

Thousands more households are seriously behind with their mortgage now than during the financial crisis in 2008, despite near-record low ratesThere are 14,000 more households in arrears today than in 2008Repossession rates have dropped but could rise if interest rates  go upWatchdog finds those in arrears are not getting enough support  from the banksBy Will Kirkman…
Beyond Brexit: more uncertainty for investors

Beyond Brexit: more uncertainty for investors

Choose the subscription that is right for you Not sure which package to choose? Try full access for 4 weeks For 4 weeks receive full access to the FT's trusted, award-winning news and analysis. Read more Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend –…
FCA warns lenders over treatment of borrowers in arrears

FCA warns lenders over treatment of borrowers in arrears

Choose the subscription that is right for you Not sure which package to choose? Try full access for 4 weeks For 4 weeks receive full access to the FT's trusted, award-winning news and analysis. Read more Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend –…
Could a retirement mortgage help you stay in YOUR home?

Could a retirement mortgage help you stay in YOUR home?

A new breed of mortgages designed to help older borrowers stay in their homes is on the rise.In March, banks and building societies were given the green light by the City watchdog to offer loans to people of any age, with no end date.Since then, 13 lenders, including Nationwide, have launched new deals known as…
Is Investment in Property Really All It’s Cut Out to Be?

Is Investment in Property Really All It’s Cut Out to Be?

Image Source: PixabayWhen it comes to investing your hard-earned money, you have a number of opportunities, including investing in property. But is an investment in property all it’s cut out to be? Have things changed in the housing market so that a bricks-and-mortar investment isn’t as reliable as it was once thought to be? It…

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