Buy-to-let property company Ely Group is listing on Aim this week. The Dublin company is coming to the market valued at 11m with plans for further UK expansion. The firm is best known for offering the opportunity to invest in the housing market on a10-year leaseback scheme.
JPMorgan Invest, a subsidiary of JPMorgan Asset Management, has partnered with 1st Software to provide online workplace financial education.JPM Invest will offer employers packages to help them financial planning tools for employees approaching retirement. This will be powered by 1st Software’s Adviser Office software.
Martin Currie has trebled its sales team as it lines up a major push into the retail market. The Edinburgh fund firm has signed up to ratings agency Forsyth-OBSR in a bid to raise the profile of its product suite. It has recruited senior sales staff from several retail-focused investment houses to bolster distribution. Since […]
John Charcol senior technical manager Ray Boulger is warning mortgage brokers not to ignore lifetime products just because providers are not members of Ship. He says some lifetime products already in the market offer equal if not better drawdown facilities regardless of club membership. His comments follow the release of product details for Prudential’s property […]
Nicola York assesses the mortgage industry’s reaction to last week’s 0.25 per cent rate reduction by the monetary policy committee
Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]