Sipp investors will pump 8.5bn into the residential property market from next April, boosting demand in the housing market by almost 5 per cent. Research by Hargreaves Lansdown indicates that a further 1.5bn will be used to buy overseas property.
F&C Asset Management has recruited Jonathan Mann as director, emerging debt.Mann joins from Standard Asset Management, which is a division of Standard Bank.He will report to Helene Williamson who is head of emerging debt.Mann has worked for CRU International and GT Asset Management (now Invesco Perpetual), joining Standard Asset Management in 2004 where he has […]
A Tamworth mortgage and general insurance broker has been refused a consumer credit licence by the Office of Fair Trading. Tamworth-based Peter Collinson had been struck off the Roll of Solicitors by the Solicitors Disciplinary Tribunal for misappropriation of clients’ funds and other related offences according to the OFT’s adjudicator.
Mortgage firms are holding back from advertising because of concerns about new financial promotion rules, according to Mortgages plc. The lender is concerned that calculating requisite details such as representative APR may be out of reach of the expertise of some smaller firms and sole traders. In research undertaken by the all-status lender, 24 per […]
Wills & Co
The Advance Fund
Last year proved to be a busy time for Johnson Fleming’s events team. In addition to attending and hosting events across the country, the company orchestrated a series of webinars that took place throughout the year.
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The total amount in fines handed out by the FCA has increased 10 times in the past year, soaring from £22.2m in 2016 to £229.4m in 2017. The FCA fined eight individuals an aggregate £436,000 and £229m was levied against companies, according to law firm Clyde & Co. Even though fewer fines have been levied […]
The work and pensions select committee is calling on the Government to ban pension cold-calling through the Financial Claims and Guidance Bill next year, as well as making people either take or opt out of guidance before accessing their pension. The committee opened an inquiry into pension freedoms in September and has published its report […]