Trade associations have agreed to work together to agree a common strategy to attempt to persuade the FSA to allow firms to pay their 2005/06 fees and levies by instalments. The decision was made at a meeting held by the FSA in conjunction with the Small Business Practitioner Panel and the FSCS where trade bodies and credit providers were brought together to develop a market solution. Representatives will be meeting with selected providers shortly to negotiate the terms on which finance might be provided.
Money Marketing swept the board at the headlinemoney awards ceremony last week, winning all three trade journalism prizes.
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Egg has closed down its Fundsdirect wrap project after failing to find a buyer, saying potential buyers were put off by the investment needed to support the business into profitability.
Rooftop Mortgages extends its product range with a series of right to buy schemes. It has also extended its lending to Scotland and re-vamped its buy to let products. The new right to buy products have been introduced to meet the needs of intermediaries specialising in this niche sector.Rooftop’s collection of products is also now […]
Despite the sharp drop in housebuilders following the Brexit result, valuations in the highly illiquid market are still at elevated levels. And whilst some investors may take comfort from superficially low price/earnings multiples, are earnings sustainable over the long term, asks Holly Cassell, Assistant Manager of the Neptune UK Mid Cap Fund. Click here to […]
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A decade ago, I went through the pain of switching utility providers. Deterred by a catalogue of errors, it is only recently, after a house move, that I tried again. I was pleasantly surprised by how easy it was. It has made me think about how complex and expensive it is to switch in financial […]
It has never been more important to encourage saving. But advisers know only too well how challenging the complexities of the UK savings and pensions landscape make it for people. Any trends towards simplification would be welcome, but unfortunately recent developments have moved in the opposite direction. Take Isas, for example. Their simplicity has always […]
The FCA has confirmed it will consider if there needs to be better guidance around when it and the Financial Ombudsman Service can share information ahead of the FOS making its final decision. In a Complaints Commissioner final report, published on its website yesterday, commissioner Antony Townsend invited the FCA and FOS to discuss when […]