Fixed mortgage get-out charges average over £6,000 according to research from MoneyExpert.com.The financial comparison website is warning that homeowners who are stuck on uncompetitive fixed-rate mortgages will have to fork out an average £6,370 to get out of their current deal.The recent rate rises have caused homeowners to surge towards fixed deals according to MoneyExpert.com […]
Commodities and property have been in the news in recent days, perhaps as a consequence of investors looking for an asset class unlikely to be sullied by the sub-prime meltdown. Both these potential homes for what appears to be a never-ending tide of liquidity have not been without their problems, however.
Alliance & Leicester looks set to convert the role of its former head of intermediary mortgages Mehrdad Yousefi into a sales-facing position.The lender has yet to reveal who will replace Yousefi, having announced his departure after 18 years at A&L in March. He joins Merrill Lynch subsidiary Wave as director of distribution and sales on […]
Jeremy Pearson is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. Many parents value the standard of education offered by […]
Modern life is complex. One tricky area that touches almost everyone in this country is the tax regime. If you are not subject to that, you are most likely involved in the just-as-difficult and fragmented world of benefits, social care and healthcare. Increasingly, however, many people are having to navigate all these areas at once, […]
Schroders has hired former Tilney chief executive Peter Hall as global head of wealth management, subject to regulatory approval. Hall will replace Andrew Ross who is stepping down to move to take on the role of Schroders wealth management vice chairman. Hall’s position will be effective from 2 January 2019 and he reports to group […]
Standard Life Aberdeen shareholders have approved the sale of the company’s UK and European insurance arm to Phoenix at it general meeting today. Shareholders also approved a plan to return £1bn to shareholders through a “B share scheme” and £750m through a share buyback programme. Standard Life announced in February it was selling its insurance arm […]