The Council of Mortgage Lenders has called for the Bank of England to offer a repo facility in its submission to the Crosby review. The facility would use new UK residential mortgage-backed securities or covered bonds as collateral.
The advice market has faced a significant number of challenges in the past year which continue to complicate the prospects for the profession. The combination of regulatory challenges posed by the introduction of Mifid II, Priips and GDPR with the uncertainty surrounding Brexit has led to many advisers feeling less sure about their future, while […]
Gullible punters asked to pay £350 because Nutmeg can’t attract enough to online investment service A few months ago, I was asked to write a piece for a consumer finance magazine which looked at how to invest £100,000 if you wanted to go it alone. As well as detailing the role of independent financial advice, […]
Platforms have been critcisied for going ahead with technology upgrades knowing that they would not be ready to roll them out. Speaking at an event by consultancy the Lang Cat yesterday, principal Mark Polson said that the firm had encountered a number of projects in recent years where, despite knowing there could still be flaws […]