Moneysupermarket.co.uk has found that 85 per cent of standard variable rates are more expensive than the cheapest two-year fixed rate, including fees.
I should start by offering an apology to readers and praise to Money Marketing and one of its reporters. My apology is for not writing about Standard Life last month, after it was announced the company had been fined £2.45m for failings in the marketing of its pension sterling fund. I had meant to do […]
The FSA has banned Bridgewater House UK director Matthew Sixsmith from holding senior positions in the financial services industry after failing to separate clients’ premiums from the firm’s capital, which cost clients almost £85,000.
Fidelity plans an initial capital raising of £630m for Anthony Bolton’s China special situations investment trust.
Tenet Group saw its profits fall by 64 per cent to £1m in the 12 months to September 2009 from £2.8m in 2008.
By Fiona Tait, Pensions Specialist Since the announcement in March, the Lifetime ISA (LISA) has attracted controversy. Heralded as a saviour for the self-employed and the young wanting to get on the housing ladder, the new LISA risks adding confusion for savers trying to fully understand the benefits of new workplace pension savings through auto-enrolment. To […]
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Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]
Providers should listen closer to advisers and consumers when deciding what initiatives will work