Unions representing 1.5 million local council workers are to ballot for strike action over plans to raise their retirement age from 60 to 65. These workers were excluded from DTI Secretary Alan Johnson’s deal with other public sector workers.
Yorkshire Building Society is launching a new 10-year fixed rate mortgage at 4.69 per cent.The deal will be available in branch, online and by telephone from Friday January 27.Interest is charged daily, and loans are available up to 95 per cent LTV. ASU insurance is included free for the first six months.There is a 495 […]
FundsNetwork has appointed Nic Burton from Scottish Widows as head of insured propositions. At Scottish Widows Burton managed savings and investment products for the UK IFA market, as well as structured and guaranteed products through the bancassurance channel at Lloyds TSB.Burton will have management responsibilty for the platform’s recently launched onshore bond, and planned offshore […]
The Pensions Regulator (TPR) has released advice on communications for employers, including three tips to help you with your auto-enrolment duties. 1. Allow enough time to select your pension schemeIt’s recommended that you start to prepare for auto-enrolment at least 12 months in advance of your staging date; additionally, give yourself time to choose the […]
The pensions dashboard: now there is a good idea, surely? Well, actually no, it is not. To be fair, it sounds like a good idea – a one stop shop where you can see all your various pensions in one place, neat and tidy, lovely and shiny. But there are some problems – quite a […]
When I first started flicking through career guides and thinking about what path to take, I wanted to make sure my job gave me flexibility, the ability to travel and the opportunity to meet people. After researching it, I realised a career in financial planning could tick all these boxes and, so far, my experience […]
The FCA has published the findings of its review into how non-deposit taking mortgage lenders and mortgage third-party administrators handle complaints, concluding that some approaches are “inflexible”. The regulator wanted to see if the processes involved in handling complaints posed a risk to customers, and, in some areas, found room for improvement. While the FCA […]