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Sea Containers has withdrawn its appeal to the Pensions Regulator against a decision to issue two financial support directions on the company.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.
Last month, the BBC’s Money Box covered the story of a protection customer who had seen her quoted life and critical illness premium rise by around a third after she disclosed a historic mental health issue. The woman was taking cover as a parent of young children and had originally chosen an insurer after getting […]
The Chartered Institute for Securities and Investment has set up a helpline for participants in its financial planning mentoring scheme. The helpline, which is being supported by Schroders, will be open to mentors and mentees on the programme, which started on the first of January this year, looking for support in achieving professional financial planning […]
Collapsed wealth manager Greyfriars Asset Management sold its Sipp and SSAS administration business to Hartley Pensions for £820,000 an update on Companies House shows. Money Marketing previously discovered Hartley took on 1600 Sipps, 160 SSAS and almost £500m assets under management onto its books for an undisclosed sum, with fresh documents now revealing the value […]