Unity Homeloans will continue to be funded by Investec when it relaunches its sub-prime product range. Unity chief executive Paul Thomas, who has been seconded from Investec as a replacement to former ceo Ian Nelson, says the firm is working on its next securitisation issue and new range of products.
Instead of taking it easy on the bank holiday weekend, two employees of Investec Asset Management decided to swim from Europe to Africa across the Straits of Gibraltar.Nick Marshall and Werner Gey van Pittius tackled the 14km Straits but strong currents meant the duo had to swim 20km while dangers included sharks, hypothermia and tankers […]
Up to one in 10 of the most competitive two-year fixedrate deals are now below the Bank of England base rate with the return of 4.99 per cent mortgage offers, says online broker mform.co.uk.
Ecology Building Society has announced that it will pay introducer fees on all introduced new residential mortgage business with immediate effect.The fees are 0.35 per cent of the loan value (minimum £300 – maximum £1,000) and are payable upon completion. The fees are payable on all new residential owner occupier Standard Variable Rate mortgages and […]
More women resigned from the pension sector in 2006 than the previous year according to the Chartered Management Institute and Remuneration Economics.The institute suggests the gender pay gap may have contributed to the rise in resignations. Women in the sector saw a 5.5 per cent increase in pay while men saw a rise of 5.7 […]
By Kim Jarvis, technical manager with Canada Life’s ican Technical Services Team In this article we look at the main exemptions and reliefs that are available on death. Within the article, spouse also means civil partner. Nil-rate band Under current rules, any part of the estate that falls within the available nil-rate band (NRB), […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Almost a third of women in the asset management industry have experienced sexual harassment in the workplace, according to a new survey, as Fidelity and the Worldwide Healthcare Trust dismiss fund managers due to inappropriate behaviour. A global survey by the Financial Times reveals 32 per cent of women working in asset management have experienced […]
Platforms are chasing assets in order to achieve scale but the winners of the future will need more than that The importance of scale is one of the key topics of conversation in the platform industry. Scale brings some clear benefits to platforms, such as allowing them to charge consumers less, providing the means of […]
The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]