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Jory on panel for Labour conference

B&CE Benefit Schemes deputy chief executive John Jory will be a panel member of a pension debate at Labour’s annual conference.

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Thames goes boutique shopping

Thames River has unveiled the details of Gary Potter and Robert Burdett’s five multi-manager funds.The range features equity managed, balanced managed, cautious managed, distribution and global boutiques funds. Global boutiques will aim to emulate the constellation fund that the pair ran at Credit Suisse, It will invest only in specialist fund houses and investment boutiques.The […]

First UK victims shut by sub-prime crisis

Three UK mortgage firms are closing as the fallout from the US sub-prime crash spreads.Victoria Mortgages went into administration this week after being unable to secure funding lines.Lehman Brothers is closing its London Mortgage Company and Southern Pacific Personal Loans brands and withdrawing from the second-charge sector.Victoria Mortgages blames disruption in the capital markets for […]

FTBs fell by 7 per cent in July says CML

The number of loans to first-time buyers fell by 7 per cent in July to 32,400 according to new statistics from the Council of Mortgage Lenders. The value of loans to FTBs fell by 4 per cent to £4.4bn. Affordability continued to worsen with the typical FTB income multiple rising to a record 3.39 in […]

Assureweb clinches deal for Bankhall quote system

Assureweb has tied up with Bankhall in a deal that will see it power Bankhall Online’s existing protection quote engine and new income protection service.The move follows Assureweb winning a contract to provide quotations and integration services for AWD. It is also in late-stage discussions about a similar partnership with True Potential.Assureweb will take on […]

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Britain's “Forgotten Army”: The collapse in self-employed pension membership – and what to do about it

Pension scheme membership among employees has risen by more than five million in the past four years because of the policy of automatic enrolment into workplace pensions. But Britain’s army of 4.4 million self-employed people, who account for one in seven of the workforce, are not covered by automatic enrolment. Pension coverage among the self-employed […]

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