CHL Mortgages is cutting up to 50 of its workforce of 250. It is focusing on credit quality and margins.
Another short but eventful week in the markets has seen the FTSE 100 gain 4 per cent.
The average gearing across landlords’ portfolios is at its lowest level since May 2005, according to Paragon.A panel survey of 200 Landlords revealed the average level of borrowing across their portfolios was 36 per cent, down from 38 per cent in the final quarter of 2007.Paragon claims the low level of gearing highlights the strong […]
Britain’s appetite for structured products has grown significantly over the past few years.According to structured retailproducts.com, the market grew from around £1bn in 199, to £6bn in 2007. Blue Sky Asset Management, a specialist structured products business which launched last year, expects the market to expand by a further £2bn-3bn in 2008.Structured products are designed […]
Protection outsourcing company MorganAsh will begin tele-interviews on claims from next month in a move which is expected to speed up the payment of claims significantly.Instead of claimants filling out a claim form, a trained MorganAsh nurse will call them to determine their medical and financial situation.MorganAsh will then pro- duce a report, which will […]
Paul Fidell, Head of Business Development (Investments), writes about one of the primary challenges for those involved in estate planning. He looks at dealing with investment uncertainty in these low growth, low inflation but still volatile investment conditions. Protection of capital, to leave something for beneficiaries, is a fundamental objective of many people’s plans for […]
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Advisers will need to review their sales process ahead of new regulation designed to increase competition in the shrinking annuity market. The FCA published a policy statement in May last year setting out requirements for firms to tell consumers how much they could gain from shopping around before they buy an annuity. The directive comes […]
Money Marketing talks to Mazars Wealth Management chief investment officer David Baker about how the firm makes its investment decisions Is your investment management kept in-house or outsourced to a third party? We like to keep as much as possible in-house as that tends to give us a deeper understanding of the decisions we have […]
Nothing works better at aiding understanding than stories based on experience Stories have been used to pass knowledge and wisdom down the generations throughout history. For advisers, they help remove the complexity of what we do for clients. And nothing works better than stories based on experience. Over the past few months, I have experimented […]