Consumer body Which? is launching a new online PPI complaints tool to make it quicker and easier for people to claim back missold PPI.
JHP Training has been accredited by the Chartered Insurance Institute for its financial services apprenticeship programmes.
Money Portal chairman Richard Hambro has decided to step down. Hambro, who has been battling with a serious illness for some time, will be replaced by Mark Tennant, who has been a member of the Money Portal board for several years. He has also held senior roles at Hambros Bank, Hill Samuel and also JP Morgan.
The FSA has fined Blackburn insurance broker Aspray Limited £21,000 for failing to monitor its appointed representatives and for misleading its clients and the regulator.
By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]
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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 […]
Five years on from the RDR, and the independent vs restricted debate still holds an exalted position in the market. Significant swathes remain fiercely evangelical in their belief that independence is a pipe dream, or that restricted is a recipe for disgraceful shoehorning. Many of these people are unmoved by the dearth of conclusive evidence […]
Investment adviser Glass Lewis has joined Royal London in opposing the re-election of Metro Bank chairman Vernon Hill. Metro Bank is in the midst of a shareholder rebellion following findings that £4.6m in fees for architectural, banking and marketing services were paid to architect InterArch, run by Hill’s wife, Shirley. Royal London Asset Management holds […]