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Tilney takes over Clydesdale arm

Tilney Investment Management has bought Clydesdale Bank’s discretionary investment management business.

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Pru slashes lifetime mortgage rates

Pru has slashed the interest rate on its flexible lifetime mortgage product offered through intermediaries It comes down from 6.45 per cent to 6.02 per cent. Pru has also declared that advisors will be paid an additional 450 on top of their commission, even if the customer only draws down the minimum amount.Pru claims that […]

Law Commission looks at life law

The Law Commission is calling for a review of insurance contract law, specifically on life insurance issues around non-disclosure and civil partnership laws.

Alliance appoints new head of business development

Alliance Trust Savings has appointed Ian Dawson as head of business development to promote its full range of pensions andinvestment plans to professional advisers.Ian will lead a team of consultants based in Dundee and London who willadvise IFAs, solicitors, accountants, fund managers and other professionals about ATS services, including its full and self-select SIPPs, SSASs, […]

BM urges free credit-check

BM Solutions wants the mortgage market to follow Asda’s example of paying for rejected applicants to check their credit history. The HBOS-owned lender claims the move could help generate customer loyalty and help the fight against identity theft and fraud, as customers can view all mortgage, loan and credit card applications made in their name. […]

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]

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