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Ecclesiastical wants to sell release firm

Ecclesiastical Life has put its specialist equity-release intermediary arm Hinton & Wild up for sale as part of a group restructuring. Ecclesiastical is looking at developing a multi-tie proposition.

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Honour roll

Informed Choice managing director Nick Bamford dons a Harry Potter style-gown as he graduates with a BA Hons degree in financial services from Napier University, Edinburgh. Next to him is Standard Life’s Eric Bruce.The two created a study group in Guildford with another IFA, Churchouse Financial Planning’s Keith Churchouse, who graduates next year. Bamford thought […]

Mortgage fees soar over three years

Exit and admin fees on mortgages have rocketed, says online mortgage firm mform.co.uk. Its analysis reveals that the average mortgage application fee three years ago was 281 compared with 634 today. The average redemption fee today is 202 compared with 105 in 2003.

HBOS interest-only quiz

The UK’s biggest lender HBOS is conducting investigations into the interest-only market to understand borrowers’ repayment intentions in a bid to avert a future crisis, Money Marketing understands.It is expected that BM Solutions and Halifax customers will be quizzed about whether they have a repayment vehicle.Last week, the FSA said that 19 per cent of […]

This week in Politics

After a year of rows, speeches, White Papers, consultations, self-serving surveys and roundtable arguments over who should run the NPSS the decision could now fall to a body potentially comprised of those that have been taking part in these same arguments.

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