Private equity firm Hellman and Friedman and Gartmore’s senior managers have completed their acquisition of Gartmore from Nationwide. The acquisition includes all Gartmore’s UK, European, Japanese and Latin American businesses and is one of the biggest-ever management buyouts of an asset management company.
The sub-prime mortgage market was always expected to be the source of most problems after regulation but the FSA also has misgivings about the prime sector.
Mortgage brokers can bid for leads under a scheme developed by Paaleads.com.
Kensington has launched automated valuations and electronic identification as part of its K-net eCommerce platform.AVMs and e-IDs are free to brokers, but packagers are only entitled to free AVMs. They are available on remortgage applications submitted online for loans up to a maximum of £150,000 on properties worth up to £500,000, and with a maximum […]
Pension firms battling against full-scale probe
Robin Geffen, Fund Manager and CEO Are you taking enough risk? Robin Geffen, Founder of Neptune and Manager of the top performing Global Alpha Fund, discusses the importance of accepting enough volatility in planning for retirement. Click here to read the full article Important information Investment risks The value of an investment and any income from […]
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The Financial Ombudsman Service will be reviewed by an independent person following claims of poor staff training and alleged biases in its decisions that were exposed in a recent Channel 4 investigation. Treasury Committee chair Nicky Morgan wrote to FOS chief executive Caroline Wayman on 13 March asking for more information about the findings of […]
There are numerous trip hazards with carry forward but more clients will want to be looking at it Many believe the annual allowance will be fair game for the chancellor soon, as one of the least painful and least complex reductions in cost to the Treasury. As such, the need to contribute while clients can and […]
The world is a challenging place for a traditional one-man (or -woman) band Increased regulation and rising costs are leading to a growing number of mid-sized adviser firms. Sole trader and two-handed businesses are becoming rarer as changing rules and client demands present a greater challenge for smaller firms. Between compliance, technology and the implementation […]