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Advisers should thank L&G

IFAs should thank John Morgan, head of public relations at Legal & General, for claiming: “Any intermediary who feels a person needs full advice on whether they buy a pension is incorrect” (Money Marketing, April 5).

What Mr Morgan&#39s statement does is to confirm what many of us have argued for some time, that the company&#39s aims and objectives are inimical to the interests of independent advice.

Dr Philip Thomas

Thomas Financial Planning,

St Helens,Merseyside


Scarborough buy to let joins discount gang

Scarborough Building Society has introduced a two-year discounted rate buy-to-let mortgage that is available for loans of up to 80 per cent of valuation.The mortgage has a one per cent discount in the first two years, giving a payable rate of 6.20 per cent. Only one property can be bought up to a maximum of […]

Sow the seeds for a trip to the Big Apple

This week&#39s issue of Money Marketing offers readers the chance to win either a four-day trip to New York or a £10,000 garden makeover.Mortgage introducer Mortgage Next is celebrating its fifth anniversary by offering readers the chance of a holiday for two in the Big Apple. The winner will enjoy a four-night stay in a […]

Mortgage lending Springing forward

Mortgage lending rocketed in March, reflecting the traditional spring boost to the property market, according to figures from the Council of Mortgage Lenders.The monthly CML survey of banks and building societies shows gross lending up by 22 per cent to £11.3bn in March from £9.3bn in February. This is similar to last year&#39s figures of […]

Rayburn sets up benefit consultancy

City of London-based IFA, the Rayburn Group is launching a specialist benefits consultancy division called Rayburn Sigma.Rayburn Sigma will be run by the group&#39s managing director Roula Rayburn and sales director William Fleischmann-Allen.The division has been set up to help IFAs create and implement innovative benefit solutions to increase the profitability of their corporate clients […]


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