Edeus is offering a new range of two-year fixed-rate products across its adverse, self-cert, and income buy-to-let ranges with rates starting from 6.39 per cent. All the products have an arrangement fee of £799.
The Financial Services Consumer Panel has called for a ban on commission payments to advisers but also warned that sales bias must be eradicated.Speaking on the release of its annual report, FSCP chairman John Howard says it would be a tough decision for the regulator to take considering “the significant rump in the industry that […]
The Treasury is to appeal against the Information Commissioner’s ruling that it must disclose whether it holds attorney and solicitor general advice about the compatibility of the Financial Services and Markets Act with the Human Rights Act.
The initial findings of the FSA’s retail distribution review will be announced at the end of June and the market will be presented with a discussion paper to contemplate the proposals being put forward. The FSA has also announced that the Mifid introduction also means that the menu system and IDD will have to go. […]
By Rob Burnett, Investment Director, Head of European Equities As investors await a resolution of Greece’s repayment difficulties, we anticipate a period of consolidation in the European market over the next few weeks. Our base case is that the Greek government and the European Central Bank (ECB) will come to a solution, particularly given the […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]