Home Buyer Systems says it calculates that a first- time buyer can save over 1,500 if they get a mortgage straight from the lender, illustrating that dual pricing is still prevalent among lenders.
Alliance Trust has appointed chief investment officer Katherine Garrett-Cox as chief executive. She will take over from Alan Harden on August 29 when he takes up an external appointment.
Advisers who give clients access to platforms to carry out direct trades may be putting them at risk, warns Perception director Phil Billingham.
Cofunds claims Norwich Union faces a challenging time in integrating its wrap with Scottish Friendly’s back-office systems.
Should IFAs be selling large quantities of with-profits bonds in the current market?No 100%No “IFAs should be doing what is right for the client. We do not sell with-profits bonds anymore. We think that they are not transparent enough.”Robert Wood, Money Matters No “They are opaque and it is often difficult to understand what the […]
Holly Cassell, Assistant Manager of the top-performing Neptune UK Mid Cap Fund, discusses the potential near-term impact of Article 50 and the Brexit negotiations that she believes investors should pay most attention to. Read article here Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a […]
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A former IFA who pocketed clients’ Sipp money has been given a six-year jail sentence. Darren Say, who ran advice firm Wealth Connection, was found guilty of fraud by abuse of position and of fraudulent trading after creating a pension scheme that loaned money to clients’ Sipps before investing funds in a property company where […]
Consumer champion Martin Lewis has published a passionate warning about scam advertisements using his identity to endorse investment and insurance schemes. Lewis, founder of Money Saving Expert, has posted a video denouncing a cloud-based trading scheme that claims he invested £500,000 in it. He says in the video: “It is a con, it is a […]
The FCA cancelled the authorisations of more than 200 firms last year for failing to meet “basic regulatory requirements” like paying their fees or filling out regulatory returns. The regulator revealed the figure in an update today, that its Threshold Conditions Team took enforcement action against at least 207 firms for failing such compliance failings […]