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 […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]