View more on these topics

Scottish Widows unfurls flexible mortgage

Scottish Widows bank is launching a new flexible mortgage for people considering their repayment methods following the endowment review. Using the mortgage, clients will be able to make repayments to suit their individual circumstances. Repayment methods can be split between endowment and capital and interest to reduce their outstanding loan. It has a standard variable rate of 7.09 per cent. Widows believes making overpayments in the new account will reduce capital as well as saving on interest costs, which could be enough to wipe out a potential any shortfall.


Julan Gibbs

Around 50 IFAs specialising in investment have taken advantage of a new system called Transact, which saves registered representatives around 30 per cent of their time in administration, reduces back-office work and pays a standard commission of 3.5 per cent plus 0.55 per cent trail on all investments in unit trusts, investment trusts and shares. […]

Dresdner creates niche

Crowe says: “The minimum investment is only £2,000. There are no additional charges over the underlying asset charges and it offers diversification by investing in a number of Dresdner’s collective investment schemes.” Elms cites the wide investment spread and the inclusion of offshore funds as useful features.Turning to the disadvantages of the product, Chitroda says: […]

Review reveals the direct route to misselling

The end is in sight for the darkest chapter in the history of UK&#39s financial services but the price tag has jumped from£11bn to £13.5bn. The increase for phase two pension review cases comes partly as a result of people living longer, changing stockmarket conditions and because more information is being unearthed. But the figures […]

FSA publishes consultation paper on future of credit union

The FSA has published a consultation paper into the future of the credit union movement in an attempt to improve consumer confidence. FSA chairman Sir Howard Davies says he wants to create a regulatory environment which will encourage credit unions to grow.

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm