Packager market worth up to £30bn, claims TMB

Nearly half of advisers have stopped recommending with-profits policies and 25 per cent expect to transfer more than three-quarters of their clients over the next few years.Research by FundsNetwork, which surveyed over 300 advisers, found that although one in three still see a future for well managed with-profits funds, 49 per cent have stopped recommending […]

Institute of Financial Planning chief executive Nick Cann says new major distribution players with venture capital backing look set to emerge in the near future if JS&P Towry Law’s fee-based remuneration structure is successful.Cann believes City investors are looking closely to see if a genuine fee-based wealth management firm can work on a large scale […]

BM Solutions has thrown down the gauntlet to Northern Rock by relaunching its Mortgage Plus range, which is in direct competition with Rock’s Together product.The offerings both combine a mortgage and a secured loan to lend up to 125 per cent loan to value and are the only products of their kind in the market.BM […]

One MM hack had a very amusing lunch with Standard Life recently.She arrived a mere (and politely forewarned) 15 minutes late, rushing into the restaurant.The meeting was punctuated with Paul good-job-he-wasn’t-drinking-red-wine Keeble throwing a glass of water all over himself and Worldwide Financial Planning managing director Peter McGahan “in his element” trying to chat up […]