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Santander bids for 300 RBS branches

Santander UK has placed a formal bid for the branches of Williams & Glyn being sold off by Royal Bank of Scotland. The UK arm of the Spanish bank has put in a formal offer for the 300 branches that RBS has been attempting to separate from the bank for six years, Sky News reports. It […]

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Nic Cicutti: Why we should welcome Ros Altmann’s exit from Govt

Amid all the ministerial reshuffles of the past couple of weeks, there is one departure that stands out for me for being both entirely expected, in hindsight, and – in a curious way – a completely welcome development. The “resignation” I am referring to is that of pensions minister Ros Altmann, who stepped down a […]

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Failed network Financial Ltd faces £90k in claims

Bankrupt advice network Financial Ltd is facing £90,000 in claims that are being handled by the Financial Services Compensation Scheme. The company’s liquidators Moore Stephens published documents on Companies House that show two claims were made against Financial Ltd to 4 July 2016 with the FSCS listed as the contact address. The first claim is […]

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Govt’s secondary annuities chief exits for Brexit department

The head of the Government’s team working on the development of the secondary annuity market is to join the Department for Exiting the EU. Catherine Zeng led secondary market for annuities unit within the Treasury. She will be replaced by Jen Leverton. From April 2017 consumers will be able to sell on their annuities. However, […]

Planning now for the residence nil-rate band

Graeme Robb, senior technical manager at Prudential, writes about the residence nil-rate band and the advice opportunities it presents for you when tax year-end planning with your clients. On our Planning Matters hub, we considered a widow, Margaret, and a married couple, John and Anne, for whom the residence nil-rate band (RNRB) is influencing planning […]

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