Lloyds TSB is offering its new Buying Your First Home guide covering the seven stages of becoming a first time buyer.
Mortgageforce chief executive Rob Clifford says the firm will remain a fiercely independent broker franchise despite its acquisition by West Bromwich Building Society.
Abbey for Intermediaries’ Ricky Okey has high hopes to turn its poor service around and enter new markets.
The FSA has appointed investigators into the alleged conduct of Berkeley Berry Birch director Michael Cleary in respect of his role in relation to the acquisition of Berry Birch & Noble Financial Services.Cleary was the sole director of Berry Birch & Noble Financial Services when it was purchased by Berry Birch & Noble Financial Planning […]
Only 5 per cent of potential first time buyers think they’ll get on the property ladder this year according to Abbey.Despite 30 per cent of potential FTBs wanting to buy this year but only 5 per cent are confident they’ll be able to do so compared with 18 per cent three months ago.However, 45 per […]
In this short video, Trevor Greetham, head of multi asset at Royal London Asset Management, discusses the role of diversification in multi asset portfolios today. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]
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The Financial Ombudsman Service has told Kingswood Financial Advisors to compensate a client over a Sipp investment in an unregulated Harlequin property fund. The case concerns Mr B’s complaints about the advice he received regarding two unregulated investments: one into a Harlequin property fund and the other into Green Oil. The ombudsman’s ruling relates to […]
Phoenix Group, Alliance Trust Savings, Zurich, and Old Mutual Wealth are amongst the most complained providers in the latest FCA complaints data. A total of 3.76m complaints were received by the FCA during the second half of 2017, up 13 per cent on the first half of the year. Alliance Trust Savings is the most […]
The FCA is reviewing the market for preference shares following the furore over Aviva’s recent decision to cancel its high-yielding preference shares at par value. FCA chief executive Andrew Bailey says in a Dear CEO letter that the regulator is reviewing the prevailing market for certain fixed income shares, particularly those classed as perpetual, irredeemable […]