Online social and business networking forum IFA Life is starting a forum dedicated to mortgage brokers.
Northern Rock has confirmed that with effect from July 30 it will no longer charge exit fees for new customers.NR previously charged £250 for customers to exit their mortgages.It joins Cheltenham and Gloucester and Standard Life Bank which have both recently stated they will scrap the controversial fees.Lenders have a deadline of July 31 by […]
Aifa has called for the advice community to come together to fight retail distribution review proposals which it believes are a grave danger to the future of professional advice and hugely damaging to consumers.It has drawn up a sixmonth battle plan in which it will consult members, conduct consumer research and talk to politicians, regulators, […]
Barclays Global Investors
Axa Framlington has reopened George Luckraft’s equity income fund to new business for the first time since it was soft closed in 2005.
Portfolio Manager David Herro of Harris Associates discusses how macro economic instability can be exploited; how volatility can create opportunities to buy into businesses at low prices.
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]