Northern Rock sales director Mark Robson claims the company has received “overwhelmingly positive” feedback from its key intermediary contacts following assurances that the company remains fully operational.
Northern Rock says savers were seeking to reinvest their money on Tuesday after the Government’s pledge to safeguard their savings calmed the mass panic seen over the weekend.The bank said eight out of 10 calls on Tuesday morning concerned reinvesting cash.Branches had been inundated with customers withdrawing their savings and closing accounts after news of […]
Leading mortgage brokers are questioning whether candidates should be paying hefty fees to be trained by mortgage networks and brokerages.Mortgage Force, The Mortgage Times Group and Home & Away are three firms which charge fees for training entrants to the loan industry.The Mortgage Times Group charges £1,250 and Mort-gage Force charges between £1,987 and £3,287, […]
Bupa’s revenue has increase 10 per cent to £2.1bn for the six months to June 30, 2007 compared to the same period last year. It says total insurance customers are up 3 per cent since year end with an underlying pre-tax surplus of £172.4m, up 23 per cent. Bupa chief executive Val Gooding says: “Bupa […]
The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]