Nationwide claims HSBC’s rate matcher guarantee is a gimmick and says it has no plans to copy the scheme.Rate matcher guarantees to match the fixed rates of existing borrowers coming off two, three and five-year deals for a variable fee.But Nationwide non-retail executive director Matthew Wyles says the society already gets high levels of retention […]
An international study has found that fewer than 10 per cent of consumers are willing to pay for advice on insurance, mortgages and investments.The World Insurance Report by Capgemini Financial Services surveyed more than 11,000 customers in 10 countries.Only 8 per cent say they are willing to pay for advice on insurance policies and the […]
Sea Containers has withdrawn its appeal to the Pensions Regulator against a decision to issue two financial support directions on the company. Sea Containers will now have to provide a form of financial support to two pensions schemes belonging to its subsidiary Sea Containers Services within 30 days. In June 2007, the Pensions Regulator determinations […]
Employees at Johnson Fleming, in Bromsgrove, Worcestershire, are looking forward to trying out some dramatic new hairstyles on Wig Wednesday. A host of colourful wigs will brighten up the office on 20 May as staff support children and young people with cancer.
The New Model Business Academy is running a free financial education programme for teenagers that will be delivered by advisers. NMBA, part of the SimplyBiz Group, is partnering with M&G Investments, Zurich, Vanguard and BMO Global Asset Management to sponsor the programme. The programme will be delivered by financial advisers who have contacts at schools, […]
Advisers are publishing their fees on review website VouchedFor in an effort to be more transparent. Research by VouchedFor for the Sunday Times shows 423 advisers, representing 263 firms, have published their charges on the site. VouchedFor, the review site for financial and mortgage advisers, solicitors and acountants, does not publish adviser charges on their […]
Protection Review chief executive Kevin Carr looks at recent market events Power to the people Now in its third year, the Protection Distributors Group has recently launched its “Claims Charter”, which aims to improve the basic levels of best practice undertaken by insurers when dealing with claims. Over the last two years, the group has […]