Vertex says up to 55 jobs in marketing, sales, under-writing and risk are at risk on its DB Mortgages acc-ount as a result of strategic changes at the lender.
GMAC-RFC managing director for sales and marketing Godfrey Blight has become the new chairman for IMLA, the association announced today.Current chairman Guy Batchelor – sales & marketing director at Lehman Brothers – will become deputy chairman. Nationwide specialist lending director Paul Howard and GE Money Home Lending chief executive officer Colin Shave both have been […]
I had to do a triple take on your report that among the top three things Patrick Gale will miss about working at Sesame are the FSA and the pressure of handling regulatory changes. (It is mildly interesting to speculate on what the third thing might be – the money perhaps?) The reason for my […]
Too little attention in the RDR debate has been focused on the consumer. Ultimately, there is a need to look back at the RDR and its core objectives. There is a need to make sure that we get a better and not just different outcome from this review. There must be a recognition that consumers share responsibility. We, as IFAs, have a unique level of access to consumers’ wants and needs.
The FSA has fined two mortgage firms and banned a third for sub-prime failings, following its investigations into the sector.
Income drawdown has become an attractive proposition. But adopting a ‘decumulation’ strategy also carries risks. What are the risks advisers need to be aware of? Read the decumulation challenge. Click here to read full article
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The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Last year, Money Marketing took a deep dive into how advisers are remunerated with an extensive reader survey. This year, we’re going even bigger and better, teaming up with recruitment consultancy BWD to bring you the definitive picture on pay. With your help, we hope to decode how qualifications, employment status, geography, gender, job title and other […]