ABI director general Stephen Hadrill has written to environmental secretary Hilary Benn calling on the Government to increase spending on flood defences and drop plans to build new houses on flood plains.
Charcol has launched a “simple-to-switch” tracker aimed at borrowers who do not want to pay remortgage fees every few years.It has no arrangement fee, no exit fee, free valuation and legals for remortgages, no early repayment charges and no higher lending charges.Charcol.co.uk product specialist Katie Tucker says: “This product is ideal for borrowers who want […]
The FCA is investing £5m in its register of regulated firms, chief executive Andrew Bailey has said. Speaking at the watchdog’s annual public meeting this morning, Bailey said that he recognised “there are data quality issues” in the list, but the FCA was aware how important in can be to give consumers information. Bailey said […]
FCA chief Andrew Bailey has accused some firms involved with Woodford’s suspension of not following the “spirit” of the regulators rules. Speaking at the FCA’s annual public meeting this morning, Bailey said culture and accountability was becoming increasingly important to the regulator over box-ticking exercises and a overly-tight interpretation of the rules. Bailey said: “Any […]
Almary Green, the advice firm led by Carl Lamb, has been acquired by fellow Norwich-based chartered firm Smith & Pinching. Money Marketing first revealed a merger between the two firms’ operations last September, which saw Almary Green move its team to Smith & Pinching’s offices. Lamb denied a source’s claim to Money Marketing last year […]