Latest News

Expats move UK pensions to safeguard against eurozone crisis

Retirement

Expats move UK pensions to safeguard against eurozone crisis

Deficits in FTSE350 companies’ pension funds have soared to an alarming £92 billion, according to latest estimates, thanks largely to the escalating turmoil in the eurozone.

22 May 2012

ONS reports static house price movement

Mortgages

ONS reports static house price movement

UK house prices in March 2012 were 0.4 per cent lower than a year earlier according to the latest House Price Index from the ONS.

22 May 2012

Alliance Trust Savings cautions against advisers delaying platform review

Savings & Investments

Alliance Trust Savings cautions against advisers delaying platform review

Alliance Trust Savings has encouraged IFAs to push ahead with a review of their platform strategy amid rumours of RDR delays.

22 May 2012

Brokers' positive outlook on the BTL market

Brokers' positive outlook on the BTL market

Demand for BTL shows no signs of weakening as almost two thirds of brokers expect to do more mortgage business with landlords this year, according to the latest Nationwide survey.

22 May 2012

Rein in ‘payday lenders’, say 93% of GB population

Rein in ‘payday lenders’, say 93% of GB population

Changes need to be made in order to protect consumers from ‘payday loan’ lenders, according to new research by insolvency trade body R3.

22 May 2012

UK pension savings hit record low

Retirement

UK pension savings hit record low

UK pension savings hit an all time low according to the Scottish Widows Pensions Report 2012 with only 46% of people saving enough for their retirement.

21 May 2012

Y3S: We'll help every broker generate new income streams

Y3S: We'll help every broker generate new income streams

Y3S says that it's still concerned that many mortgage brokers are missing out on lucrative earning opportunities by not offering specialist finance products to its clients where a

21 May 2012

New sellers fail to raise house prices in May

Mortgages

New sellers fail to raise house prices in May

House sellers failed to raise their asking prices in the month of May for the first time in 11 years, according to today's Rightmove house price index.

21 May 2012

Gross mortgage lending falls 19%

Mortgages

Gross mortgage lending falls 19%

Gross mortgage lending declined to an estimated £10.2 billion in April, according to the Council of Mortgage Lenders.

21 May 2012

NS&I announces rate change to its investment account

Savings & Investments

NS&I announces rate change to its investment account

NS&I’s Investment Account returns to general sale today with an increased interest rate of 0.75%

21 May 2012

 

Drawdown customers are warned to prepare for their income to halve

Savings & Investments

Drawdown customers are warned to prepare for their income to halve

MGM Advantage is warning customers in income drawdown contracts coming up for review to prepare themselves for an income shock.

21 May 2012

Pensioners own property worth £743.07 Billion

Retirement

Pensioners own property worth £743.07 Billion

Over-65 homeowners lose £6.38 billion in past three months, Key Retirement Solutions Pensioner Property Index shows.

21 May 2012

Funds being labelled as ‘risk-rated' are misleading advisers and investors

Savings & Investments

Funds being labelled as ‘risk-rated' are misleading advisers and investors

Applying a risk-rating to existing funds without changing the way they are managed can be misleading for both financial advisers and retail investors, says Skandia Investment Group

21 May 2012

A serious matter this week

A serious matter this week

The NACFB has been looking at anti money laundering regulation recently.

21 May 2012

LV= adds discretionary fund manager to SIPP

Protection

LV= adds discretionary fund manager to SIPP

LV= has added fund manager Charles Stanley to its discretionary fund management service for SIPP clients.

21 May 2012

Tenants see rent rises return

Tenants see rent rises return

Rents rose for the first time in three months in April, according to the latest Buy-to-Let Index from LSL Property Services plc.

18 May 2012

21-month prison sentences for Manchester ‘debt solution’ company directors

Latest News

21-month prison sentences for Manchester ‘debt solution’ company directors

Two company directors in Manchester have been sentenced to 21 months’ imprisonment each by Chester Crown Court for fraudulent trading at their debt solution company, Churchwood Cor

18 May 2012

House price declines recorded in every region except London

Legal

House price declines recorded in every region except London

Outlook for house prices remains positive for fourth consecutive month, with seven regions expecting price rises over next 12 months, report Knight Frank.

18 May 2012

Prime London rents rise first time in six months, but supply outweighs demand

Prime London rents rise first time in six months, but supply outweighs demand

Prime central London rents increased by 0.1% in April, but landlords should not expect a rapid rise in the next few months, Liam Bailey, Head of Knight Frank Residential Research e

18 May 2012

Banks begin to deal with distress but property refinancing challenge remains

Banks begin to deal with distress but property refinancing challenge remains

Debt held against UK commercial property continued to fall last year from £228.1bn to £212.3bn, a drop of 6.8%, a UK property lending survey has today revealed.

18 May 2012

Nationwide cuts rates for second time in May

Mortgages

Nationwide cuts rates for second time in May

From today, Nationwide Building Society is reducing its two and five year fixed rates by 0.10%.

18 May 2012

Phil Sweet, Head of Business Development at Evolution Money

In The Spotlight

Phil Sweet, Head of Business Development at Evolution Money

myintroducer.com catches up with Phil Sweet, Head of Business Development at Evolution Money- the secured loan lender.

18 May 2012

DFM services can add value if implemented correctly by financial advisers

Savings & Investments

DFM services can add value if implemented correctly by financial advisers

DFM services can be beneficial to certain customers but must be implemented correctly and in line with FSA guidance, according to Skandia.

18 May 2012

Promise Solutions offer brokers help with complex mortgages

Promise Solutions offer brokers help with complex mortgages

Brokers introducing loans to Promise Solutions will now get advice and packaging services for their more difficult mortgage cases.

18 May 2012

Bridgewater reveal customers' partial reversion plans

Retirement

Bridgewater reveal customers' partial reversion plans

Bridgewater Equity Release, the home reversion specialists, has today revealed the reasons given by borrowers for why they have taken out a partial reversion product.

17 May 2012

Appetite for first time buyer advice rises

Mortgages

Appetite for first time buyer advice rises

Appetite for first time buyer advice rises as consumers strive to get on the property ladder, report Unbiased.co.uk.

17 May 2012

Britain's broken housing market is not being fixed

Legal

Britain's broken housing market is not being fixed

Joint report by National Housing Federation, Shelter and Chartered Institute of Housing says Government failing to tackle housing crisis.

17 May 2012

solid start to 2012 for investors

Savings & Investments

solid start to 2012 for investors

As Aviva announces Q1 results, Sheridan Admans, investment research manager at The Share Centre, explains what this means for investors.

17 May 2012

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