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Change will rock you, L&G warns mortgage advisers

Mortgage advisers face significant changes that will strain their businesses or sink them unless they take action now, warns Legal & General. L&G says advisers will have to adapt their business models to deal with mortgage regulation, general insurance regulation, margin pressures and sellers packs if they want to survive.

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Close Property Investments – Healthcare and Leisure Property Fund

Wednesday, 13 November 2002 Type: Oeic Aim: Income and growth by investing in hotel, care home, house building and leisure sectors Minimum investment: Lump sum £11,000 Place of registration: Isle of Man Investment split: 100% in hotel, care home, house building and leisure sectors Yield: 7.5% Isa link: No Charges: Initial 5%, annual 2% Commission: […]

Law firms link up for specialist services to IFAs

ProAct Legal has joined forces with Birmingham law firm Shakespeares to launch ProAct Legal Solicitors LLP, a venture specialising in the financial services sector. The business will offer IFAs legal support and advice in the areas of property, litigation, FSA regulation and disciplinary work, corporate, commercial and employment law. It will also offer specialist advice […]

&#39Euro regulation crucial for UK insurance firms&#39

European regulation has become a crucial issue for UK insurance companies, according to the ABI. Seventy-one per cent of chief executives surveyed believe EU issues are either very important or quite important for their businesses. This figure rises to 88 per cent when asked about the importance of EU issues in five years time. Respondents […]

Broker talkback

“Yes, they should be able to. As a fund manager or an IFA, it is hard to justify being paid when the client is not making any money.” David Foster, CH Jeffries (Pensions and Financial Planning)“Yes. If the fund manager&#39s fee is related to performance, it would motivate them to outperform the index rather than […]

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