Mform.co.uk says average application fees on the five most competitive fixed-rate mortgages have nearly doubled in the past year from 999 to 1,478 on two-year deals and 578 to 1,132 over three years.
The Financial Ombudsman Service has welcomed Lord Hunt’s report but warns that some of the recommendations have “significant implications” for its budget and resources.
Sesame has called on the FSA and the Financial Ombudsman Service to ensure brokers are not made the scapegoat for borr- owers who get into difficulties.
Schroders co-head of structured investments Richard Lloyd is leaving after 11 years.
Fidelity has added to its multi-manager team with the appointment of Ayesha Akbar.
Equity markets globally currently remain vulnerable to sharp shifts in sentiment caused by either unexpected or unwelcome outcomes in key upcoming political events (the US and German elections, Brexit and the Italian referendum). These top-down influences, combined with the current low global growth environment, will likely lead to broadly directionless markets, and prolong the current low beta return environment. We do, though, […]
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