Park Row chief executive Peter Sprung has been appointed to the Royal Liver board.
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.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]