The FSA is launching a new mortgage website for consumers – mortgageslaidbare.info – bringing together existing mortgage tools and resources including budget calculators and mortgage tables. The website is launched to coincide with the first anniversary of mortgage regulation. A national and online advertising campaign promoting the web site is to follow.
Mortgage Business Expo which takes place on November 16-17 at Earls Court, London, will be offering visitors an image consultancy service through firm Dress2Kill. If your career is being dampened by your image, Dress2Kill will provide a free consultation and prescription to smarten up your dress sense. Men will also be able to get a […]
Troubled British insurer Goshawk has agreed to the sale of its reinsurance business Rosemont Re to a consortium of private investors led by the former chairman of ACE Don Kramer, subject to terms. Goshawk admitted significant losses to its reinsurance arm following Hurricane Katrina this September.
Royal Bank of Scotland is speeding up its commercial property transaction procedure in anticipation of a pre A-Day rush. RBS is offering pre-approved funding levels for commercial property investments into self-administered schemes, in conjunction with James Hay, Westerbys and Merchant Investors. The bank will marry IFAs with lenders, with RBS assessing loan feasibility. Through its […]
All protection providers should reveal their claims statistics to improve understanding and decrease instances of non-disclosure by clients, according to Abbey for Intermediaries. Head of life and health propositions (protection) Sue Wilkinson made her call as ScotProv released its critical-illness claims data for January to June 2005. The data shows that the majority of unsuccessful […]
The Artemis UK Smaller Companies Fund has delivered good returns through the bull market. But its cautious style is better suited to the trickier times which could be coming, says manager Mark Niznik.
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
Do not be spooked by recent falls. The bull market has further to run. Stockmarkets have been thriving in the not-too-hot, not-too-cold “Goldilocks” backdrop of the last few years. Growth has been strong enough to boost profits, and inflation low enough to keep central bank policy loose. Recent stockmarket weakness is centred on signs that […]
The FCA continues to engage with the asset management industry on new European regulations as questions remain over how firms should report costs and charges. After over a month since Mifid II and Priips came into force, concerns have been raised on how fund fees, in particular transaction costs, should be calculated under the two […]