Goodfellows has established IncomeInsurance, an accident, sickness and unemployment policy for a mortgage or any other purpose. IncomeInsurance was designed in response to a survey by the British Association for Protection Brokers. It found half of UK workers do not have savings or insurance to fall back on if they were unable to find a […]
Last week, I looked at a simple piece of tax planning for a couple aged under 65. Here's another which applies when both spouses are aged 65 or over. A few bullet points will help us.When both spouses are aged 65 or over, it is beneficial if the total income of each is kept below […]
Sub-prime packager Advantage Mortgage Services is starting a national network for mortgage packagers.The network will provide a range of products for members along with mortgage processing software and a training and development programme.Advantage has already signed up one packager, Derby-based Future Finance, and hopes that 50 others will join. It says it has 20 further […]
By the time you read this, we will have heard the result of the Bank of England's August interest rate deliberations and the betting is on no change. Indeed, I believe the base rate may be in for another relatively long period of stability. This will inevitably lead to a wringing of hands among personal […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
Two separate complaints about the clarity of the FCA’s guidance and expectations on Gabriel reporting requirements have been quashed by the Complaints Commissioner. However, the FCA has been asked to waive a late return charge and been asked to make sure debt collection and fees processes on Gabriel reporting are clear. In his report today, […]
Their power over fund selection is only set to increase as more firms adopt centralised investment propositions Fund research and rating agencies have enjoyed a buoyant market in advice firms thanks to the post-RDR rise of centralised investment propositions. While a minority of advisers have chosen to outsource portfolio management, the majority are selecting funds […]
Clients that suffer ill health at a young age can access their pension if certain requirements are met With the recent news that we are not living longer after all, there are questions to be asked as to why this is. Life expectancy increases the older you get, as the fact you made it that […]