View more on these topics

Norwich & Peterborough Building Society – Three-Year Fixed Rate – Direct

Norwich & Peterborough Building Society – Three-Year Fixed Rate – Direct

Type: Fixed-rate mortgage

Fixed term: Three years

Fixed rate: 4.38%

Minimum loan: £20,000

Maximum loan: Up to 85% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the first two years subject to a £10,000 maximum, available for properties in England and Wales

Arrangement fee: £995

Redemption fee: 3% of the amount repaid in the first three years

Introducer’s fee: None



Will-writing alert

The Legal Ombudsman has warned that confusion about whether will-writing firms and claims management companies are regulated leaves customers without protection. The ombudsman published its first annual report to Parliament last week. It says the quality of legal services is generally reasonable but chief ombudsman Adam Sampson says confusion over which services are regulated is […]

‘FSA must raise wages by 50% to get quality staff’

Headhunting consultancy Hedley May says the FSA must increase its annual spend on wages by 50 per cent to attract staff capable of carrying out a more interventionist regulatory approach. In 2013, the Government will split the FSA into the Prudential Regulation Authority and the Financial Conduct Authority and both regulators are being set up […]

TPR pledges not to meddle in product design

The Pensions Regulator insists it will not interfere in product design as it looks to tackle high charges and costs in defined-contribution schemes. Last month, pensions minister Steve Webb warned that the Government may consider capping charges if market competition fails to drive down costs. After the publication of its interim report on the future […]

UK asset management risks losing competitive edge

Fund managers are concerned the UK could be losing its competitive edge as an international hub for the asset management industry, according to the latest research. The new Asset Management in the UK 2010-2011 survey, which was conducted by the Investment Management Association, shows just 14 per cent of respondents say the UK improved as […]

Cricket - thumbnail

England vs Australia: pensions

Well, the cricket season is here, and England and Australia are stepping up to the wicket. Although we compete with each other in the sporting world, when it comes to pensions, Australia’s pension programme is held up as a model for our auto-enrolment initiative. Auto-enrolment was introduced because people weren’t saving enough into their pensions, and it is still early days but signs are positive. However, in Australia, saving into a pension is compulsory, and in fact employers are the ones who have to pay in. Employees in Australia can make additional contributions into their pensions, but they don’t have to. Should the onus be on the employer or employee to save? Well in the UK we think it’s both, but to get ‘adequate’ savings for retirement it’s the employee who has to pay more in.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm