Lighthouse is setting up an online platform, Lighthouse Xpress, developed over the last year with Quay Software. Lighthouse says it will enable advisers to communicate electronically with providers and will allow it to check compliance.
Standard Life has slashed its individual stakeholder commission, introducing minimum qualifying premiums and terms and scrapping intermediary single-premium and transfer remuneration.
Alliance & Leicester head of intermediary sales Mehrdad Yousefi is adamant the company has made the right decision in restricting the number of principals it would deal with up to and beyond M-Day. “Lenders have to be very vigilant about the marketplace and it will not be until the end of January at the earliest […]
Investors have told the AITC that they want to see more managers rewarded for good performance.
Mortgage distribution group First Mortgage Options says it has been inundated by demand for Cemap training courses since M-Day.
Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology