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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HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]