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Global role for Hogbin at Currie

Ex-Credit Suisse director of product development Toby Hogbin is joining Martin Currie as global head of product development.

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Flight to interest-only as payment shock hits

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 […]

Annual house price growth lowest since March 1996

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 hires 2 new corporate pensions managers

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 […]

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