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Advisers favour variable annuities

Seventy per cent of advisers rate variable annuities more favourably than conventional annuities for generating income in retirement, according to Watson Wyatt. But most believe variable annuities are a niche product that needs at least £50,000 of assets under management to be viable.

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Mortgages Plc to withdraw from BTL market

Mortgages plc has announced it is withdrawing from the prime buy to let market with immediate effect.The company will continue to process prime BTL applications until close on Wednesday 26th March, but will accept no new applications thereafter.Head of marketing Polly Hughes says: “We have seen both an increase in the number of new buy […]

Recruitment row over calls from headhunter

Affluent Financial Planning has hit out at Positive Solu-tions over recruitment tactics he claims were used to headhunt its staff.Owner Carl Melvin says a third-party recruitment company phoned his secretary earlier this month asking to speak to one of his IFAs on a “personal matter”.Melvin says the agent purported to know the adviser but revealed […]

Three stocks due a Brexit boost

By Mark Martin & Holly Cassell, Neptune Mark Martin and Holly Cassell highlight three high-conviction holdings in the Neptune UK Mid Cap Fund that they believe are well positioned to benefit from Brexit. Read more Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide […]

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