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Out of context

“There weren’t any pictures of us sitting on top of elephants were there?”
Personal Finance Society Fay Goddard fears the worst on hearing that industry consultant Peter Williams referred to their recent holiday during a presentation on the RDR.

“Someone was going round with Mastic for two years.”
Standard Life strategy and business development director David Tiller reveals the patch job carried out on the Gherkin in London after it opened with a leaking roof.

“I wouldn’t describe it as like being in a police interview, for fear of sounding like I get interviewed by the police regularly.”
Plan Money principal Peter Chadborn talks an MM hack through the protection tele-underwriting process.


Principality Building Society restricts interest-only

Principality Building Society is restricting its interest-only offering to just three products. The Welsh lender is still offering interest-only or part interest-only deals up to 85 per cent LTV. Its 85 per cent LTV deal is available on a three-year discount rate, with a discount of 0.3 per cent from its SVR, currently 4.99 per […]


Nic Cicutti: The quiet RDR adjustment

One of the things I have learned in the years I have been writing this column is that, regardless of what is said, positive or negative, there will always be a variety of hostile responses. I do not have any problems with that – it comes with the territory. Either way, this week I thought […]


FSA: We have done all we can on advice affordability

FSA head of investment policy Peter Smith says the regulator has done as much as possible to minimise the number of people who cannot afford to pay for advice. The FSA published its final guidance on simplified advice last month following a consultation in September. It confirms simplified advice will be subject to the same […]


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