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Bright Grey extranet business gets uplift

Bright Grey is setting up an extranet service with The Exchange in January. Users will get a10 per cent uplift on Lautro rates for applications.

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‘Refinancing deal will be in place for full hearing’

Berkeley Berry Birch says it will complete refinancing before its full FSA hearing in February and denies it will dump any liabilities on the Financial Services Compensation Scheme. BBB non-executive director Jonathan Hall says the capital deficit, currently 10.9m, will be met through investments from directors and senior managers and disposals of non-core businesses such […]

Savills eyes non-conform market

Savills Private Finance is set to enter the non-conform- ing mortgages market in the new year. In a break from its traditional focus on top-end lending, Savills is also considering a move into affordable housing and looking to double the staff in its international mortgages arm. The London firm is looking to expand its broker […]

Schroders tipped for Gartmore deal

Schroders is the hot favourite to buy Gartmore, with the firm’s American owners understood to have decided on a trade sale. Gartmore’s US owner Nationwide Mutual is reported to have ruled out a flotation of the business in favour of selling it, with industry sources believing that that Schroders is the most likely buyer although […]

Amazing Grace steals the show

MM is too modest to include its own 20th Birthday Somerset House extravaganza in its parties of the year list although it had all the right ingredients – ambulances, chocolate fountains and drunk bucking bronco riding – so here is the run-down. Number one is the Lifesearch karaoke party with the now famous Austin/Lappin transvestite […]

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Pension freedoms: stop the scams

At the beginning of 2015, we highlighted that the new pension freedoms that come fully online on 6 April also represent a very attractive opportunity for the criminal fraternity to scam savers out of some, or all, of their accumulated retirement savings.

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