Britannia is launching a new three-year fixed rate for first-time buyers offering 4.99 per cent initially.The product charges no administration fee, no arrangement fee and will provide a free first standard valuation, saving FTBs 600 in upfront fees.Britannia managing director of member business Tim Franklin says: It is hard enough for first time buyers to […]
Origen chief executive Gareth Marr has resigned from the Aegon-owned IFA firm after recent health problems. The move comes as Origen confirms it will be integrating the Positive Solutions’ platform into its business. Marr has been in financial services for 30 years and will remain with the firm in the short term on a consultancy […]
Financial Express has set up its own fund rating service, Crown Ratings. It uses a blend of quantitative and qualitative analytical screens, including measuring a portfolio’s volatility, consistency and returns against its benchmark.
Two separate complaints about the clarity of the FCA’s guidance and expectations on Gabriel reporting requirements have been quashed by the Complaints Commissioner. However, the FCA has been asked to waive a late return charge and been asked to make sure debt collection and fees processes on Gabriel reporting are clear. In his report today, […]
Their power over fund selection is only set to increase as more firms adopt centralised investment propositions Fund research and rating agencies have enjoyed a buoyant market in advice firms thanks to the post-RDR rise of centralised investment propositions. While a minority of advisers have chosen to outsource portfolio management, the majority are selecting funds […]
Clients that suffer ill health at a young age can access their pension if certain requirements are met With the recent news that we are not living longer after all, there are questions to be asked as to why this is. Life expectancy increases the older you get, as the fact you made it that […]