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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Online wealth managers have struggled to enter the UK auto-enrolment market because of high costs and legislation and are now looking elsewhere for opportunities. Moneyfarm chief financial officer Paolo Savini Nicci tells Money Marketing the firm has no plans to get involved in auto-enrolment, because of a “crowded” marketplace, relatively low account values and high costs. […]
In recent months, providers have reassessed their plans on offering guaranteed drawdown products
The DFP Wealth Management IFA on the desperate need for a new generation of advisers and existing firms’ role in helping them in