Mortgages plc will set up a direct arm this year as its parent Merrill Lynch looks to increase its UK mortgage market share. Mortgages plc says its product range will be the same as its intermediary offering.
DB Mortgages is offering a series of two-year fixed rate mortgages as part of its pilot prior to full launch later this year. The rates range from 4.95 per cent on residential prime to 7.45 per cent on buy to let..
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Global Emerging Markets Equity Freestyle Fund
Barclays is launching an online anti-fraud initiative offering free anti-virus software free of charge to its customers. Customers will be offered a text messaging service that notifies them of new payees on their online account in a bid to reduce fraud attacks.The bank says online fraudsters are using increasingly sophisticated methods to extract secure details […]
Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recent media focus has been geared towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment. Johnson Fleming has produced a useful guide that provides essential information to help you […]
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Providers are reviewing their marketing packages to advisers at conferences and on websites amid concerns they will fall foul of new inducement rules under Mifid II. Mifid II, which came into force on 3 January, brought in more stringent rules around “non-monetary benefits” from providers to advisers. The rules have been translated into the FCA conduct of […]
A misleading headline rate of unemployment means opportunities are being overlooked by investors
The FSCS is budgeting an extra £3.5m to cover the cost of running the scheme this year. The management expenses levy, which is used to cover the cost of administering the scheme separately from any compensation payments made, proposed for 2018/19 by the FSCS today is £77.7 million, up 5 per cent on the previous […]