Four directors of The Mortgage Business are joining Deutsche Bank in what is the bank’s clearest indication yet that it is moving into lending in the UK.Deutsche has recruited TMB managing director Bill Dudgeon, sales and marketing director Mark Bergin, strategy and planning director David Parry and operations director Paul Graham. The four will be taking on the same roles at the new Deutsche business. Although no site has been identified, they will for now be remaining in Chester. Dudgeon is being replaced by HBOS executive Nigel Payne, reporting to Nigel Stockton, director of HBOS intermediary mortgages. Senior managers John Sleigh, Robert Holmes and Barrie Knox will take on wider roles within the TMB business.
The resource-driven markets posed a major dilemma for UK equity income fund managers in the first seven months of this year , says Standard & Poor’s latest update on the sector. S&P fund analyst Michael Hockings says some managers were reluctant to invest in sectors where profits are dependent on commodity prices and trends are […]
We received numerous promotional packs from Keydata on its new secure income bond which at first glance looks extremely enticing. Income of 7.5 per cent a year with very low risk is quite a combination and with no link to any stockmarket either. I asked our network for their comments and part of their response […]
Last week, I reviewed the increasing and seemingly inexorable rise in the importance of searching for the commercial reality in tax planning transactions in order to ascertain how effective they would be in achieving their purpose.
I have often wondered why large-capitalisation stocks form the bulk of many a private individual’s portfolio and are what my mother means when she asks me: “What has the stockmarket done today?”
As the title of this paper suggests, credit migration is probably worse than you think, but then not as bad as you fear. So how concerned should investors be about this phenomenon? Where should their focus lie? Natixis’ affiliate, Loomis Sayles & Company’s Director of Credit Research and Credit Strategist, Chris Gootkind, addresses this and […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source