View more on these topics

Mortgage regulation wins support

The vast majority of IFAs are confident they can continue as independent mortgage advisers after M-Day, with 82 per cent saying they intend to do so.

Forty-seven per cent of IFAs say they will take the network route while 40 per cent say they prefer to be directly authorised.

Seventy-five per cent want buy-to-let mortgages to be regulated and 58 per cent believe that mortgage regulation in general will be of benefit to consumers. Ninety-one per cent support the regulation of equity-release schemes.

Almary Green Investments director Carl Lamb says: “It is a case of wait and see with regulation. Once the confusion dies down, we will be assessing our position.”

Drew Folland Financial Management principal Drew Folland says: “Regulation is definitely a good thing. Things need to be tightly monitored and we need consumer confidence. We do not need people making money off the back off people&#39s misery.”

Recommended

MLP launches training centre for graduates

MLP Private Finance plc, part of MLP Group is launching an IFA training academy on July 19 aiming to get more graduates into the sector. In addition, MLP Private Finance has introduced an enhanced Continuous Professional Development programme in which all staff throughout the UK will participate. MLP managing director Frank Mesterharm says: “There is […]

IFAs say property price levels are unsustainable

Over half of IFAs believe the present levels of house prices are not sustainable, according to the One Account/Money Marketing State of the IFA Nation poll. Fifty-four per cent say current prices are unsustainable while 45 per cent believe they are sustainable. But 59 per cent of IFAs believe remortgaging and home-reversion plans will remain […]

Kirwan quitting Abbey for Widows

Nick Kirwan has resigned as head of marketing and product development at Abbey for Intermediaries after nine years and is set to join Scottish Widows. Kirwan, who is well known for his work with Scottish Provident and ABI working parties, is joining Widows in the early autumn as its marketing director, protection, as part of […]

Insurance is answer to ailing system

Paying for healthcare in the UK obliquely through taxation does not provide a sufficient inc-entive to make consumers act responsibly. I applaud the Government&#39s efforts to improve the NHS but we also support the Doctors For Reform for challenging the notion that NHS improvement simply requires bigger doses of the same medicine. It may be […]

The Merchants Trust PLC – April 2017

Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment