The Association of Mortgage Intermediaries welcomes the FSAs decision to allow rebated proc fees from fee-based mortgage advice to fall outside its client money rules. It will apply until a long-term solution is found.
Equity-release providers have hit back after their products came under fire from Which? claims of being too expensive and misleadingly advertised. Which? claims that most customers would be better off downsizing or borrowing from their family, as it says lifetime mortgages and home-reversion plans have high costs. But leading industry figures insist that the research […]
Most of the UKs youth believe they will own their own home, buying their first property between the ages of 25 and 30, according to UCB Home Loans.However, the specialist lender of Nationwide says although the desire to own property is strong, 32 per cent of respondents say they would rather live abroad than buy […]
Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]
A complainant says confusion over the listing of a company’s former trading name on the FCA and the Gibraltarian regulators’ registers means they are unable to seek compensation for a £100,000 loss. In a final report, Complaints Commissioner Antony Townsend said he would not uphold the claim that listing former trading names is what prevented […]
If you’re building an investment portfolio for retirement savings, it’s a good idea to include some assets with returns that are linked to inflation. Index-linked gilts and National Savings Certificates are two examples. However, increasingly some of these assets remain linked to the older RPI while others link to the newer CPI. The selection of […]