The buy-to-let sector is continuing to grow despite slowing down in 2004, according to the latest survey from the Council of Mortgage Lenders. In the second half of 2004 new lending had dropped by 18 per cent from 12 billion in the first half of the year to 9.8 billion.
Sofa chairman and Informed Choice director Nick Bamford has seen his professional indemnity insurance premium plummet by over 60 per cent after years of astronomical rises.
US-based reinsurer RGA is warning that the UK protection market will fall by 10 per cent this year and claims will soar.
The number of advisers using Trustnet has doubled in the last four years, according to a user survey on their website.There have been nearly 4000 registrations to Trustnet Adviser since its launch in August. The free adviser-only service is aimed at helping intermediaries to research and select funds for client recommendations.The survey also shows that […]
Jardine Lloyd Thompson is offering a Sipp which enables investors to hold buy-to-let properties in emerging markets such as Poland, Croatia and Bulgaria in their pensions.
According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.
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Pimco has followed in the footsteps of its US rivals Vanguard and JP Morgan Asset Management to announce it will absorb research costs under Mifid II. The California-headquartered bond manager would not comment on the hit to revenues, Financial News reports. JPMAM confirmed last week it would absorb the costs when the European regulation comes into place at the […]
What does “restricted” advice really mean nowadays? Some see this as a question of semantics, others one of outcomes. Either way, the debate was reignited again a few weeks ago by consumer group Which? and its probe into St James’s Place. In a mystery shopping exercise, it found three of the 12 advisers visited did not […]
Murray has emphasised his commitment to the business