Royal Liver sales manager Chris Large has been sacked after making derogatory comments to the sales team about the mutual’s policyholders. Large, who worked in the Liverpool salesforce, said the 1.4million policyholders were too lazy to access life insurance via the internet.
Leeds & Holbeck Building Society is launching a five year buy to let mortgage aimed specifically at existing landlords wishing to remortgage existing properties in their portfolio.The loan tracks Bank of England base rate plus 1 per cent, making the current rate 5.75 per cent. It comes with a free valuation and free use of […]
The financial industry is hard-pressed to react with no time to prepare for new rules.
Former Cabinet minister Stephen Byers is urging the Government to adopt a policy to help first-time buyers get on to the housing ladder with interest free loans.
Investec Asset Management, the specialist international investment manger, is launching its onshore global energy fund to mirror that of the Guernsey-based GSF global energy fund which is AAA-rated by Forsyth Partners. The group says it is responding to IFA demand and aims to exploit capital growth opportunities represented by investment in exploration, production or distribution […]
Peter Saacke, Artemis’ CIO, suggests what may lie ahead and explains how volatility suits stockpickers.
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The workplace presents a significant opportunity for advisers, yet many are still shunning this sizable market, experts argue. The pension freedoms and auto-enrolment have increased the unmet need for advice in the workplace. Some larger employers and pension trustees are no longer content to leave employees to fend for themselves among scammers and fraudsters and […]
Neil Woodford has rejected gloomy UK growth forecasts from the Office for Budget Responsibility revealed in yesterday’s budget, arguing the country is on track to achieve annual growth around 2 per cent. According to the OBR, growth this year will be 1.5 per cent, and fall to 1.4 per cent in 2018. Through 2019 and […]
Trade bodies tend to live in a cloistered environment while advisers keep the industry on its toes