From my recent experience of retention products and fees to brokers, I confirm that, if done properly, I think it puts the broker and client in a no-lose situation.I have recently reviewed three clients with BM Solutions and nine Halifax cases. Once I have obtained the client requirements, it is very easy using Trigold to compare the best remortgage product to the existing lender transfer product range. Three elected for transfer products and nine moved to a new lender when the transfer product range was not competitive. The client is happy and I get paid either way. John Rouwenhorst Mortgages, Protection & Associates Wombourne Wolverhampton
Invesco Perpetual has appointed Guy Short as finance director for its London-based specialist funds team.Short joins the group from the investment trust division of F&C Asset Management where he was company secretary for F&C’s colonial Eurotrust and the US smaller companies investment trust.Before joining F&C Short was a director of corporate broking at Merrill Lynch. […]
Liverpool Victoria is conducting a strategic review of its banking operations and will look at all options, including strategic partnerships, joint ventures or the sale of its bank.
Farepak customers who paid the firm using a Visa debit card can get a full refund of lost savings by asking their bank to start a Visa chargeback against Farepak’s bank as a refund for services not received, thanks to a loophole exposed by Money-SavingExpert.com.
Money Marketing was named personal finance trade newspaper of the year at the prestigious Brad- ford & Bingley Awards at London’s Great Eastern Hotel last week. The paper was praised for its mix of news and in-depth features.
Equity markets globally currently remain vulnerable to sharp shifts in sentiment caused by either unexpected or unwelcome outcomes in key upcoming political events (the US and German elections, Brexit and the Italian referendum). These top-down influences, combined with the current low global growth environment, will likely lead to broadly directionless markets, and prolong the current low beta return environment. We do, though, […]
- Top trends
- Top trends
- Revealed: The FCA’s findings on ongoing advice
- How much are advisers charging for pension transfers?
- Lifetime allowance 2018/19 increase confirmed but pensions absent
- ATS staff departures continue as platform commits to improved adviser experience
- SJP trainee adviser banned and fined for faking qualifications
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]