People are five times more likely to non-disclose when they apply for protection policies on paper rather than with tele-underwritten applications, according to an Axa survey.
Over three-quarters of estate agents say the number of instructions for properties with three or more bedrooms has fallen by more than 10 per cent since the introduction of home information packs.The National Association of Estate Agents says 76 per cent of its members have seen double-digit drops, with 46 per cent of those seeing […]
Dwindling client confidence brings the issue of trust to the fore again
Matrix has appointed Chris Merry as the group’s new chief executive officer.
Abbey’s recent launch of a two-year fixed rate with a £10,000 fee generated a significant amount of media comment. Abbey justified it by saying that it was good value as the fee was cheaper for big loans than the 2 per cent that some of its competitors were charging.I see nothing wrong in principle with […]
By James Dowey, chief economist & CIO at Neptune WHATEVER HAPPENED TO THE GOOD OLD DAYS OF CHUGGING ALONG AT 3 PER CENT A YEAR? That was the average rate of real economic growth in the advanced world from the end of the Second World War until the late 2000s. Despite all of the recessions and social changes […]
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Alliance Trust Savings’ new boss must “instil common sense” across the business and start to engage with advisers if they are to salvage the platform’s reputation, IFAs have said. Industry insiders have welcomed news of ATS chief executive Peter Mill’s departure, but say the platform needs to move quickly to fix its service issues. Frustrated advisers are […]
The FCA has said that the Financial Ombudsman Service does not need more guidance on how it should match the regulator’s rules with the complaints adjudicator’s judgments. While the FCA regulates firms according to its handbook, FOS decides on complaints based on a ‘fair and reasonable’ test, that is, whether the claim would be successful […]
The curious goings-on in the world of financial services