22 July 2010
National IFA Helm Godfrey has built up a £2m war chest to fund several acquisitions over the next 12 months.
ABI is accused of acting like a regulator and focusing too heavily on pensions.
A senior manager with the Clydesdale Bank in Scotland has been jailed after admitting an £80,000 fraud.
MPs have pledged to help scores of elderly Barclays clients who have lost hundreds of thousands of pounds which they blame on poor advice from the bank.
John Malone say brokers who say fraud does not affect them are misguided.
Henderson’s Bill McQuaker plays down the potential for a double dip.
Dividends paid by UK companies this year are likely to fall to £54.7 billion
Ex-clients says they are no longer recieving dividends from Towry Law after requesting their funds to be transferred away from the firm.
Nationwide mortgage head says the FSA should be looking to regulate the investment advice given to buy-to-let borrowers rather than the mortgages under MCOB.
Nationwide says the FSA wants a smaller mortgage market in order to give it greater control.
Clarkson Hill still in talks with the FSA about whether director loans will provide sufficient capital.
Court clash may coincide with FSA review of the compensation scheme.
Coalition should push ahead with Labour’s plans to allow lenders to use HMRC data for income checks.
Average time to settle death claims is currently 73 days.
Mortgage market review could deter lenders from switching struggling borrowers to interest-only.
Calls for UK market to be more like Europe.
Conservative MEP Ashley Fox writes to European Commission to query whether RDR breaches Mifid.
Regulator should not be scared of “losing face” if it believes the RDR could be improved.
Building society does not rule out further acquisitions after Cheshire and Derbyshire in 2008.
Mortgage experts have warned that the new regulatory structure under the Bank of England will be far more draconian and consumer-driven.
Banned mortgage brokers and former estate agents may look to move into the sector, warns Malone.
Malone warns that mortgage intermediaries do not have a voice in high-level discussions aimed at combating fraud.
An FOS ombudsman told the Protection Review conference that insurers should gather more medical evidence from doctors to improve the application process.
“We decided to adopt a similar queuing system that you have in your branches in order that you feel at home.”
Andrew Tyrie questions how the Treasury can work with the OBR and be independent in their forecasts.
Premiums could rise by up to 10 per cent if HMRC takes protection out of the basic life insurance tax regime.
Personal banker admitted a series of fraud charges at Bristol Crown Court.
Nic Cicutti asks why the FSA is so determined to proceed with something many IFAs regard as detrimental to their interests.
Helm Godfrey has amassed a £2m war chest to fund acquisitions.