Three claim-handling companies are preparing to appeal on up to 5,000 endowment misselling cases on their books that have been turned down by the Financial Ombudsman Service because of time bars. CPH, Endowmentclaims. com and Whitehall Randell say if any appeal is rejected it will try to launch a judicial review on time bars.
Nationwide Building Society
Five Year Fixed Rate With Fee
The minimum standards for lenders to follow when providing mortgage payment protection insurance products are to be revamped to help to bring better consu- mer protection. The Association of British Insurers and the Council of Mortgage Lenders are finalising changes to the MPPI baseline, a voluntary code which sets out the basic cover that consumers […]
The Mortgage Business
Self 85 Two Year Fixed Rate
The trouble with George Osborne’s hint that a Conservative Government might be prepared to abolish stamp duty on share transactions is that it reveals the party’s total lack of any clear overall taxation policy.
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent ompared to the MSCI India Index gain of just 14.0 […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]