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NatWest forms partnership with Pru mortgage club

NatWest has formed a partnership with the Prudential&#39s mortgage panel, Premier Mortgage Services, to pay commission to brokers selling its small business products and services to self employed customers.

PMS members also get commission on NatWest mortgage products.

The new deal means NatWest will pay a commission fee of 0.45 per cent to the PMS intermediaries on both mortgages and business lending.


&#39Take long-term view of Isas&#39

An overwhelming number of investors are not taking a long-term perspective towards their Isa investment, according to research from Charcol.Its research shows that 72 per cent of investors are not viewing their Isa as a long-term investment and are losing out on the opportunity for better performance by investing in unsuitable funds.Charcol is urging investors […]

Thinktank proposes advice for all before buying annuity

An influential pension consultant is putting forward a plan for everyone to get independent financial advice before buying an annuity.Thinktank Pension Policy Institute governor Dr Ros Altmann has suggested to Downing Street and the Treasury that providers should push all pensioners through an independent advisory process before they buy an annuity.The proposal is understood to […]

Two-tier system could bring in new blood

There is a limit to how much anyone can write – or read – on polarisation and I reckon many of you must be approaching your limit by now. So, for a change, I will look at chapter five of the consultation paper. Not polarisation per se but near enough for all but the most […]

Lighthouse acquires Berkeley Wodehouse

Lighthouse Group is acquiring Berkeley Wodehouse Associates by issuing £2.1m worth of new shares to the IFA network.Lighthouse is also looking to raise a further £2.2m through a share issue to fund the acquisition and provide working capital for the enlarged group.BWA chief executive Malcolm Streatfield gets a seat on the Lighthouse board in the […]


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