BM Solutions is on course to achieve a record month of applications. The firm says it received its highest number of applications ever submitted in a 24-hour period on May 9 at 145m. The lender says it is on target to record 1bn of applications this month.
Norwich Union has confirmed that it will launch its Norwich UK special situations fund on May 22nd.The 200m fund will be jointly managed by Richard Buxton, manager of Schroder UK alpha plus fund, and Andy Brough, manager of Schroder UK mid 250 fund.The fund will be available from IFAs and fund supermarkets and will hold […]
Actuarial and pension specialists Wolanski & Co and CheckleyFisher have merged to create Wolanski CheckleyFisher. Both firms specialise in corporate pensions and the combined firm will create a new player in the actuarial market, made up of seven fully-qualified owner-manager actuaries.
www.bestinsurance.co.uk has launched a new age-rated mortgage payment protection insurance for first-time buyers.The trading style of British Insurance says younger applicants will benefit from cheaper premiums. It says many lenders offer a unified rate for their payment protection cover rather than being age-rated.The firm says it could save clients 75 per cent on their cover, […]
UCB Home Loans is launching a new buy to let three-year flexible tracker at 5.19 per cent.The product, that which launches on Monday, replaces UCB’s previous product of 5.29 per cent.Its self-cert and BTL flexible fixed rate products will increase from 5.29 per cent to 5.59 per cent.UCB Home Loans managing director Keith Astill says: […]
Simon Edelsten, manager of the Artemis Global Select Fund, examines the long-term trends that they have exploited since the fund’s launch five years ago. Looking ahead, he explains the stock-specific opportunities the team are finding. Click here for full article
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]