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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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]