The Association of Mortgage Intermediaries has confirmed it is against the current funding model for the Financial Ombudsman Service and is calling for option F in the review of the funding for FOS. Aifa is calling for option H.
Merrill Lynch Investment Managers has appointed Sarah Melvin as director of strategy and business development for Europe, Middle East and Africa (EMEA).Melvin joins from Gartmore Investment Mangement where she was strategy manager heading up a range of projects including reviews of the group’s Japanese and hedge fund businesses. She previously worked at AMP, NPI and […]
Youngsters could learn all they need to know at a financial boot camp
I dislike the parasitic nature of the ambulance-chasers who purport to handle more effectively the complaints and claims of clients against financial organisations such as ours but I also respect their right to exist and operate in a free-market economy. What I do resent, however, is the appalling inefficiency of the ones I have so […]
AIMS is the biggest independent association of qualified accountants in the UK specialising in the SME market – the smaller and medium-sized enterprises which are at the heart of the country’s economy. With over 242 professionally qualified accountants throughout the country, AIMS is dedicated to ensuring that the voice of the smaller businessperson is heard. […]
The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.
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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 […]