UCB Home Loans and Alliance & Leicester are forecasting strong growth for the buy-to-let market this year. Research by A&L shows that the market has grown by nearly 20 per cent in the last two years and over three quarters of brokers have seen a rise in BTL transactions in the past three years. However, […]
Partnership Home Loans has become the 15th provider to join The Exchange’s online equity release quotation service on its Exweb portal.The provider is a sister company of Partnership Assurance offering a medically written impaired-life equity release plan.Partnership Home loans chief financial officer Steve Groves says: “We anticipate our new product having a significant positive impact […]
I was disappointed by Ian McKenna’s review of wrap offerings in the e-commerce supplement. He does not distinguish between platforms which offer a wide range of investment funds, such as Cofunds, and true wraps, such as Transact, that allow any investment as long as it is quoted on a stockmarket. There is a world of […]
The Investment Management Association says the White Paper is a major step towards achieving a pension system fit for the 21st Century. It welcomes the Government’s preference for a single, centrally-run national personal accounts scheme. The Association of British Insurers says the White Paper points pension policy in the right direction and provides a solid […]
While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.
The FCA has warned financial planners that additional services offered by their platform may be in breach of its inducement rules. While the regulator has said that competition between platforms is working well for most consumers in its market study this morning, it has warned that add-ons for advisers that are paid for by the […]
The Liberal Democrats are calling for the government to introduce a cooling off period for people who take more than the minimum lump sum from their pension pot without taking financial advice. Currently, withdrawals over the 25 per cent minimum are taxed at an emergency tax rate, which can lead to pensioners paying too much […]
Regulator unveils proposed directory of senior financial services professionals, publishes fees for 2018/19 and approves new tech-based mortgage firms. The Financial Conduct Authority published a raft of reports, consultations and policy initiatives over the past month and many will have a direct impact on the mortgage sector. Recently, the FCA has put forward plans to […]