Bankhall has added a new feature to its complaint-handling facility to work out investment bond redress calculations, including precipice bonds. The facility currently calculates figures for compensation on mortgage endowments.
The Council of Mortgage Lenders’ Northern Ireland chairman Derek Wilson has urged the NI assembly to tackle the shortage of affordable homes. He says the assembly should implement some of the reforms proposed in Sir John Semple’s report on affordable housing such as Homebuy.
Chartwell has brought its four business channels under its own banner, ending the Cavendish Grant brand.Cavendish Grant IFA has been rebadged Chartwell Private Client and Chartwell Direct becomes Chartwell theinvestorcentre.com. The fund arm is being renamed Chartwell Fund Management while the independent mortgage broker remains as Chartwell Funding. The multi-asset Oeic has been rebranded the […]
The differences between protected rights and pensions built up from other savings are set to remain in a new amendment that has been inserted into the Pensions Bill 2007. The Pensions Bill is currently in the Committee stage in the House of Lords and the details of the latest amendments to the Bill appeared on […]
When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]
Marmite and President Trump both sharply divide opinion, but you can ignore Marmite if you’d rather not put the glutinous, salty, black yeast extract on your teatime toast. As an investor you simply cannot ignore Donald Trump. Without wanting to give a running commentary of recent events, Trump’s actions continue to have an impact. The […]
Suggestions that secretary of state for work and pensions Esther McVey may no longer be committed to the delivery of the pensions dashboard project has caused much wailing and gnashing of teeth around the industry. Personally, I do not see the problem. This is the perfect opportunity for it to take back ownership and control of […]
81 per cent of over-55s would feel confident in taking out an equity release plan without seeking advice, research from Moneyfacts suggests. 44 per cent thought they have no need for advice, 29 per cent would not trust an adviser, and 8 per cent of respondents believe financial advice to be too expensive. In late […]