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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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]