A total of 38,704 new mortgages were approved in April, up from 35,546 in March, according to statistics released on Tuesday this week by the British Bankers’ Association, but down by 39 per cent on total approvals in April last year.
A few weeks ago, you ran an article in which certain industry commentators suggested that most of the IFA market is unjustly biased against lifetime annuities and is failing to wave the flag for them as enthusiastically as it ought to. The lifetime annuity, they claimed, is really a great product, the virtues of which IFAs ought to be doing far more to promote to their clients.
By Jamie Clark, Business Development Manager We take a look at the Pensions Regulator’s latest auto enrolment compliance bulletin and the lessons that can be learned from it. With up to half a million smaller employers expected to reach their staging date during 2016, it’s likely that the Pensions Regulator (and the rest of the […]
A weekly account of the curious goings-on in the world of financial services from Money Marketing’s diary page Green with envy While scouring through the MPs’ Register of Interests last week, one WSJ correspondent took to reading the fine print of Treasury committee member John Mann’s file. Among the list of international trips undertaken by […]
Long-awaited guidance clears up confusion around the IHT position of policies issued under seal Life assurance protection is an often overlooked estate planning tool. For UK-domiciled individuals, effecting a policy subject to a trust can deliver a neat, effective way of sorting inheritance tax liability that cannot be diminished through other planning. It can also […]