FSA legal adviser and troubleshooter Harvey Knight has left the regulator to head the financial services arm of law firm Bevan Brittan LLP. His role included advising the FSA on the Parliamentary Ombudsman inquiries into Equitable Life.
The Mortgage Works will be launching an online point of sale offer facility from September 17.The system will be available on a number of buy to let products.Nationwide Specialist Lending managing director Andy McQueen says: “This is a fantastic development for The Mortgage Works. Not only does the instant POSO strengthen our online proposition, it […]
Profits have soared by 40 per cent for IFA network Alpha to Omega.The Winchester firm says profits rose to 732,000 for the year ending March 31 from 520,000 last year. Turnover increased by 7 per cent to 10.6m from 8.1m.The network has 42 member firms and is in its fourth year of trading. Chief executive […]
Nicolas Just, Head of Smart Beta at Seeyond, says the most important point to recognise about the Seeyond approach to investing is that it sees volatility as an asset class and, with its factor-plus products, it aims to build portfolios that will outperform an index over one year/achieve outperformance as frequently as it can.
Knowledge of how the tax relief rules work for corporate losses will add considerable value to an adviser’s proposition Financial planning tends to focus on situations where there is available capital or income – very possibly created from business profits for SME owner-managers. But sometimes businesses make losses, and an awareness of how the tax […]
Close Brothers Asset Management saw net inflows jump 43 per cent to £1bn year-on-year, from £757m in 2017. The business released its preliminary results for the 12 months to 31 July today. Close Brothers says the strong inflows were delivered by its own advisers and investment managers, as well as third party advisers. Coventry-based Adrian […]
The Financial Ombudsman Service has told Tenet to compensate a client for its failure to give timely advice that resulted in an annual allowance charge of around £14,000. In the ruling, Mr T was a client of Tenet Connect, Tenet’s network of advisers, who found he was under threat of redundancy and made an appointment […]