Ex-Credit Suisse director of product development Toby Hogbin is joining Martin Currie as global head of product development.
Borrowers are expected to switch to interest-only loans to avoid the worst effects of the payment shock as their fixed deals come to an end.Mform.co.uk says around 24 per cent of homemovers and first-time buyers take out interest-only loans and believes this figure may rise significantly.It says the difference in monthly payments on an interest-only […]
The annual rate of house price growth is at its lowest rate since March 1996, according to Nationwide.Its house price survey shows that house prices fell for the fifth consecutive month in March. The price of a typical house fell by 0.6 per cent during the month, bringing the annual rate of house price growth […]
Scottish Life has appointed Joe McGrath and Ken Tymms as corporate pensions managers. They will report to head of partnerships (corporate pensions) Paul Spriddle, working specifically on Scot Life’s defined benefit business, helping advisers find solutions for their clients. Both have experience spanning 60 years in the DB field, with a solid understanding of the […]
The credit crunch claimed another victim after the stranglehold on Bear Stearns brought an end to the US investment bank’s 85-year independent history.
A warning has been sent by The Pensions Regulator (TPR) to half a million small employers of their risk of being fined for not taking action on their workplace pension obligations. The Department for Work and Pensions’ (DWP) ‘Workie’ character, who first made an appearance on our screens in October last year, returns and emphasises […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Advisers will need to review their sales process ahead of new regulation designed to increase competition in the shrinking annuity market. The FCA published a policy statement in May last year setting out requirements for firms to tell consumers how much they could gain from shopping around before they buy an annuity. The directive comes […]
Money Marketing talks to Mazars Wealth Management chief investment officer David Baker about how the firm makes its investment decisions Is your investment management kept in-house or outsourced to a third party? We like to keep as much as possible in-house as that tends to give us a deeper understanding of the decisions we have […]
Nothing works better at aiding understanding than stories based on experience Stories have been used to pass knowledge and wisdom down the generations throughout history. For advisers, they help remove the complexity of what we do for clients. And nothing works better than stories based on experience. Over the past few months, I have experimented […]