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FOS rules against HSBC over rejecting mortgage based on age

The Financial Ombudsman Service has upheld a complaint against HSBC for unfairly rejecting a mortgage application on the grounds of age in the first case of its kind. The Sunday Times reports a couple in their forties, who do not wish to be named, were turned down when applying for a joint £250,000 interest-only loan […]

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Lib Dems unveil £2,000 ‘Help to Rent’ loans plan

The Liberal Democrats have unveiled a new campaign pledge to help young working adults rent their own homes with government-backed loans. People will be able to borrow up to £1,500, or £2,000 in London, to go towards a tenancy deposit in England. Borrowers need to be between 18 and 30, in paid employment and not […]

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Nic Cicutti: Tory IHT move appeals to voters’ naked self-interest

This may surprise one or two readers of Money Marketing, but I have never voted in a general election. We are not talking here about a Russell Brand-style rejection of all political parties, nor is this the result of apathy on my part. It is simply that my Italian passport precludes me from voting. That […]

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Sesame to close financial adviser school

Sesame is to close its Financial Adviser School and is consulting with staff affected by its decision to scrap its investment advice network. In March, Sesame Bankhall Group announced it will no longer operate as a network for investment advisers as part of a fundamental overhaul of the business. In an update to members today, […]

The curious market reaction to Brexit

Written by Mike Riddell29 June 2016 Headlines over the past few days have screamed about record falls in sterling, record low bond yields and massive falls in equity prices. However, if you take a slightly longer view of markets rather than simply the one- or two-day reaction, I think it’s amazing how little markets have […]

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