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Mortgage Next launches new compliance software

Network and packager Mortgage Next is launching new point-of-sale compliance software. It offers single point data entry and full integration with other software systems, such as Mortgage Brain and Trigold.
Mortgage Next marketing director Justine Tomlinson says: “Cornerstone is an excellent piece of software, which brokers will find comprehensive in its scope and yet easy to use. Crystal Software Solutions is a tried and tested provider of specialist IT solutions to the financial services industry and has done a great job.”


Marlborough caps it up

MARLBOROUGH FUND MANAGERS Marlborough UK Micro Cap Fund Type: Unit trust Aim: Income and growth by investing in UK smaller companies with a market capitalisation of less than £50m Minimum investment: Lump sum £1,000 Investment split: 100% in UK smaller companies with a market capitalisation of less than £50m Isa link: Yes Pep transfers: YesCharges: […]

&#39Failure to take up enhanced annuities costing £277m&#39

Pensioners could lose around £277m through lack of awareness of enhanced annuity products, says Just Retirement. In interviews with 210 people, the provider found that 75 per cent were unaware of enhanced annuities for those who smoke or are in poor health. Although around 40 per cent of people qualify for an enhanced annuity at […]

Cofunds overpays £1m to investors

Around 1,000 investors in the Threadneedle strategic bond fund have been asked to return a total of more than £1m after a computer error by fund supermarket Cofunds. The error meant that investors were paid 100 times more income than they were entitled to from the £350m corporate bond fund. It occurred after a decimal […]

West Brom aims for sweet combination

WEST BROMWICH BUILDING SOCIETY All In 4.95% Type: Fixed-rate mortgage followed by discount Fixed term: 12 months Fixed rate: 4.95% Discounted term: 12 months Discount: 1% Minimum loan: £25,001 Maximum loan: Up to 95% of valuation subject to a maximum of £500,000 Income multiples: Up to 3.75 times principal income plus second or three times […]

UK gilts: Shaken and stirred

Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]


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