Estate agency Jackson-Stopps and Staff has added its support to sellers' packs group Splinta who are campaigning against the packs. The company says it has reached the conclusion that the home condition report contained in the home information pack is totally inappropriate for the type of property the firm deals with.
Two building societies are challenging lenders in the growing offset mortgage market with new products from Norwich & Peterborough and Coventry. N&P says it is the first society to link a current account with mortgage and savings accounts while Coventry's product offsets savings against borrowing. N&P says its lifetime tracker product's rate of Bank of […]
The Government is believed to be preparing to expand the child trust fund to include an extra nine million children. It is believed that the Inland Revenue has been consulting with the financial services industry over the viability of offering the fund to all children under 16 as a result of pressure from the Treasury […]
The TUC has welcomed today's pensions bill as addressing many of the measures it has been fighting for. TUC general secretary Brendan says the TUC specifically welcomes the creation of the pension protection fund and a new pensions regulator. But he says employees who have already lost out should not be forgotten, especially those that […]
Stockbroker Teather & Greenwood is seeking around £5m for its latest film partnership scheme. T&G, which has helped fund UK films including I Capture the Castle and The Heart of Me, starring Helena Bonham Carter and Paul Bettany, has already raised half of the £10m needed to help fund further productions. It is seeking the […]
On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]