Paragon Group director of mortgages John Heron says he is hopeful buy-to-let mortgages will not be included in the European Commission’s mortgage credit directive following a lobbying trip to Brussels. Both the Council of Mortgage Lenders and the Intermediary Mortgage Lenders Association have expressed concerns that the directive, which looks to harmonise mortgage regulation across […]
Dorset police have arrested a man suspected of running an unauthorised collective investment scheme. The FSA executed search warrants on two premises in Poole. No one has been charged at this stage in connection with the FSA’s investigation.
Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]
Platforms should brace themselves for a difficult second half of the year as sluggish Isa sales led to a soft second quarter, consultancy Fundscape says. Fundscape’s latest platform market figures show total platform assets – including the advised and direct-to-consumer sectors – grew by £32bn to £604bn in the second quarter of the year. However, […]
Advisers giving defined benefit pension transfer advice can expect to pay nearly double for their professional indemnity insurance premiums at the next renewal than those who do not advise in that area. QPI, which is part of insurance broker PIB Group, says advisers with DB exposure can expect to pay between 2 per cent and 3 […]
Back in April, I wrote a piece explaining why investors shouldn’t give up on bonds just yet. Given the heightened volatility in equity markets this year, I thought it might be a good idea to take a closer look at this asset class, too. The VIX index, which predicts market volatility and is known as […]