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Barclays – Woolwich Fixed and Tracker Mortgage Portfolio update

Barclays – Woolwich Fixed and Tracker Mortgage Portfolio update

Update: Core 2-year fixed to 70% LTV reduced to 3.38% from 3.48%, 2-year fixed rate loyalty to 70% LTV reduced to 3.28% from 3.38%, 2-year fixed special to 70% LTV reduced to 3.18% from 3.29%, lifetime tracker mortgage to 70% LTV reduced to 2.29% from 2.49%
Tel: 0845 070 1567


FSCS adviser levies to be lower than predicted

The Financial Services Compensation Scheme is expected to announce much lower adviser levies than the £40m previously estimated. Money Marketing understands that as a result of refined forecasts some sub-classes, including investment intermediaries and insurance intermediaries, will see lower levies than first thought for 2011/12. The FSCS is also expected to provide more details about […]

Close Brothers to acquire Cavanagh for £26.2m

Close Brothers is to acquire national IFA firm Cavanagh in a £26.2m deal. The move follows Close Brothers acquisition of Bristol-based Chartwell Group in September 2010 and Allenbridge Group in February 2011 and will take the total number of advisers in its subsidiary Close Asset Management to 116. The Cavanagh management team, Andrew Fay, Simon […]


FSA cancels adviser’s permissions over unpaid CCJs

The FSA has cancelled the permissions of adviser Elaine MacCormack, who was trading as EPM Financial Services, due to unpaid county court judgements totalling £531,224. On June 15, the FSA wrote to MacCormack stating there were seven unpaid CCJs under her, or the firm’s, name totalling £530,009. She satisfied one of the CCJs and had […]

Boosting our annuity strategies

Targeting annuity purchase in lifestyle strategies isn’t anything new but we’ve just lifted the bonnet and injected an enhancement shot into the end-point of these solutions. The recent volatility has shot short-term volatility into equity markets and painted a very turbulent backdrop but we’re also equally faced with a stressed fixed interest environment. This can […]


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