Bankhall has signed a deal with mortgage and payment protection insurance provider Paymentshield to provide its 16,500 agents with a compliance and product service.
House prices will fall by 30 per cent within two years, resulting in widespread allegations of misselling throughout the mortgage market, says investment bank Durlacher. The report's author, analyst David Pannell, believes that the predicted downturn in the housing market will result in mortgage lending falling by more than half and will bring a flood […]
Multi-manager SEI Investments has drafted its US communications director Chris Hylen to the UK in a bid to boost outsource partnerships with selected IFA companies. As head of wealth solutions, Hylen, who worked for SEI's US adviser network, will identify potential adviser partners in addition to his role as a builder of business solutions for […]
The 2001 rule waiver that relieved product providers of the obligation to provide daily calculations of stakeholder charges will be extended for a further year, the Department for Work and Pensions has confirmed. Providers say the fact that they had to ask for the waiver, which was granted after a request from the ABI, shows […]
Software company Distribution Technology has signed a deal with Quay Software to supply up to 3,000 intermediaries with its latest financial planning tool. Distribution's financial planning tool Dynamic Planner, developed with Bloomsbury Financial Planning director Campbell Edgar, will be offered to Quay's clients from the start of March. The tool incorporates financial planning and investment […]
By Kunal Desai, Head of Indian Equities at Neptune Watch Kunal Desai, Manager of the Neptune India Fund, explain what he feels will be the driver of India’s shift from a story of relative outperformance to one of absolute returns. Click here to watch the video Important Information: Investment risks This fund may have […]
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Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]