Newcastle Building Society has launched a mortgage with a fixed rate of 5.49 per cent lasting for 20 years.The fixed rate will run until November 30 2026 and is available direct from Newcastle branches and call centres. The minimum loan is £15,000 and the maximum is £250,000. It is available up to 90 per cent […]
Shepherds Friendly Society is calling for IFAs to help it to design new and relevant financial products for consumers.The mutual insurer says IFAs are frustrated by the lack of input they have into the products they sell and says advisers are best placed to understand what consumers want.Shepherds, formed in 1826, is asking for IFAs […]
Barclays and Premier Mortgage Service have teamed up to help Britons find and buy a property in Spain.The initiative, called Pearl overseas, will kick-off in November and will include the services of Spanish property website Facilisimo.com.It will launch with around 150 developments from the top 70 property developers in Spain, which means over 1000 individual […]
The Treasury select committee is taking evidence looking at the responsiveness of the FSA to the needs of consumers and progress in relation to its Better Regulation Action Plan as part of its regular scrutiny of the regulator.
The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken and written media), the Chancellor announced a decision to make no decision on pension tax relief in his 16 March 2016 Budget speech. To […]
Law firm Edwin Coe has commenced litigation on behalf of 400 investors against HSBC over its role in facilitating the operation of the Disney film financing investment scheme known as Eclipse. Money Marketing first reported that affected investors including celebrities and football managers were eyeing up a landmark legal challenge 18 months ago. The legal […]
Earlier this month, World Cancer Day raised awareness of the disease that continues to affect so many of us. There are few people who will not know someone who has been affected by cancer in some way. Cancer affects people of all ages and health types; it does not discriminate and those affected can often […]
As part of its retirement outcomes review, the FCA has been looking at non-advised income drawdown policies; specifically, the fact too many people are leaving their savings in cash regardless of how long they intend to keep the money there for. The regulator wants customers to set out their plans for the five years ahead. […]