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First-time buyers at lowest since 1980

The number of first-time buyers last year represented the lowest annual total since 1980, according to data from Halifax. The research shows that the number of FTBs fell by 7 per cent from 340,000 in 2005 to 315,000 in 2006.

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Which way for quality street?

The mortgage market will wait anxiously in the first few months of the year for the results of the FSA’s quality of advice probe.The regulator has already trailed some of the outcomes and it does not make positive reading for the market. The mortgage market can also look forward to the FSA’s effectiveness reviews of […]

Take a u-turn on annuities

Samantha Downes says there are promising signs that the Treasury is finally realising that action is needed to improve the retirement income market

Court clash and a new delivery

There are many things to look forward to in the world of pensions.In February, the Government will defend itself in the High Court against 125,000 pensioners fighting for 3bn compensation after losing their occupational schemes.The Government is accused of ignoring Parliamentary Ombudsman Ann Abraham’s ruling that it was guilty of maladministration and assuring employees their […]

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