View more on these topics

Citibank in partnership with Charcol to launch mortgage service

The UK consumer banking division of Citibank is launching a mortgage service in partnership with broker Charcol. The Citibank Mortgage Service will provide clients with independent advice and exclusive deals on mortgages. It will offer larger loans, in the region of £1 million, and a dedicated phone line manned by trained advisers seven days a week. Citibank says it has chosen to join up with Charcol because it is one of the major forces in the mortgage market and has in-depth expertise.

Recommended

Kelly promoted to financial secretary

Treasury economic secretary Ruth Kelly has moved up the ministerial ladder to become financial secretary, but she will retain responsibility for retail financial services.Kelly is replacing Paul Boateng who is taking over for Andrew Smith who earlier today was promoted to Secretary of State for the Department of Work and Pensions. Completing today&#39s cabinet reshuffle, […]

80% see income fall after retiring

People are experiencing a huge drop in income when they retire, according to Prudential.Its research found that around 80 per cent of pensioners see a drop in their monthly income averaging £347 after leaving full-time employment.A third of retired people are struggling to survive on less than £10,000 a year.Nearly one in five pensioners questioned […]

Inside Edge – Steve Bee

The more prescriptive the pension annuity rules are, the less likely people are to commit substantial savings to pensions. To me, certain things are self-evident:The laws governing annuity purchase should be changed.Annuity purchase should not be regarded as a single, once in a lifetime event.There should be no requirement to take tax-free lump sums at […]

&#39Name and shame&#39 on endowments

The Consumers&#39 Association is calling on the FSA to create league tables to name and shame companies whose endowment policies are likely to suffer shortfalls.It also wants reform of the financial advice sector to be put on hold until the FSA has addressed the issue of commission-driven sales.The consumer pressure group has written to FSA […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com