The FSA says intermediary firms should stay out of the equity-release market if they cannot commit significant resources to back a push into this area.Speaking at the Mortgage Business Expo, retail distribution and mortgage team manager Sonja Dullaway said: “Firms must go into the market and commit to doing it properly or stay out and […]
Ambassador of Huddersfield and SimplyBiz chairman Ken Davy will meet the Queen this week when she visits the town’s new Media Centre. Davy will explain the positive impact that the Galpharm Stadium and the partnership between the stadium, the town’s major sporting clubs and Kirklees Council have had on Huddersfield.
By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]
There are some clear benefits beginning to emerge from the changes to income tax – mostly in favour of the chancellor I regularly find myself talking about tax planning in generic terms. And that is all good, but the generic has its roots in often granular specifics. That is certainly true when it comes to the […]
The Pensions Regulator has launched its first fraud prosecution over a Preston-based accountant suspected of stealing money from client pension funds. Accountant Roger Bessent is accused of transferring over £200,000 into his personal account and accounts of companies he controlled. Some pension scheme funds were also transferred from the Focusplay Retirement Benefit Scheme, a sponsoring […]
Boosting the slow rate of growth of the average pot size on advised platforms requires an “extraordinary and sustained” increase in defined benefit transfers, according to The Lang Cat. In its seventh annual platform guide the consultancy says most platforms have an average client pot size ranging from £100,000 to £200,000. It points out the average case […]