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Nationwide: stamp duty hike causes surge in approvals

Nationwide: stamp duty hike causes surge in approvals

House prices increased by 0.3% in February, while annual house price growth rose to 4.8%, according to the latest Nationwide house price index.

03 Mar 2016

FCA launches investigation into six life insurers

FCA launches investigation into six life insurers

Six life insurance providers will be investigated by the FCA for potentially failing to inform customers about exit charges.

03 Mar 2016

Royal London to remove workplace pension exit fees

Royal London to remove workplace pension exit fees

Royal London has confirmed that it will remove exit charges that apply when a customer moves their pension from Royal London "in certain legacy contracts".

03 Mar 2016

Govt should offer free advice to most vulnerable, says LV=

Govt should offer free advice to most vulnerable, says LV=

With just two weeks to go until the outcome of the Financial Advice Market Review is announced in the Budget, LV= is calling on the government to help the most vulnerable people access advice at the point of retirement.

02 Mar 2016

Pension review calls for "safe harbour" decumulation products

Pension review calls for "safe harbour" decumulation products

A two-year Labour study into the pension freedoms has found that pensioners need "much more help" to make sure the Government's pension reforms are a success.

02 Mar 2016

Advisory service for long term care launches

Advisory service for long term care launches

My Care Consultant, a new specialist advisory service for long term care funding, is launching this week and aims to help IFAs secure new business in this area of financial planning.

02 Mar 2016

FCA bans former Deutsche Bank trader for LIBOR fraud

FCA bans former Deutsche Bank trader for LIBOR fraud

The FCA has banned Michael Ross Curtler, a former trader at Deutsche Bank, from the UK financial services industry for "lacking honesty and integrity" following a criminal conviction for fraud in the US.

02 Mar 2016

British Friendly launches IP death benefit

British Friendly launches IP death benefit

British Friendly has launched a new death benefit for its income protection policies, which is paid following the death of an insured policyholder.

02 Mar 2016

Is Osborne planning to scrap salary sacrifice?

Is Osborne planning to scrap salary sacrifice?

Salary sacrifice for pension contributions could be banned in the Budget to head off its use by higher earners to beat the introduction of flat rate tax relief.

02 Mar 2016

Personal Touch retains 'independent' status with Twenty7Tec

Personal Touch retains 'independent' status with Twenty7Tec

Personal Touch has selected LoanSource from Twenty7Tec as an integrated product sourcing system for secured and bridging loans, to support network members in their MCD compliance.

02 Mar 2016

 

Former Scotsman editor to give FSE Glasgow keynote address

Former Scotsman editor to give FSE Glasgow keynote address

FSE Glasgow has announced its keynote speaker to headline the double bill seminar programme.

02 Mar 2016

Marsden BS revamps 'older borrowers' portfolio

Marsden BS revamps 'older borrowers' portfolio

Marsden Building Society has launched a new 'older borrowers' portfolio to its intermediary panel, aimed at increasing eligibility for those aged between 55 and 85 years.

02 Mar 2016

Virgin Money profits soar 53%

Virgin Money profits soar 53%

Virgin Money's profit before tax rose by 53% to £160.3 million in 2015.

02 Mar 2016

High Street banks plan £17bn Bradford & Bingley deal

High Street banks plan £17bn Bradford & Bingley deal

Six High Street lenders are preparing a deal with The Treasury to offload £17bn of Bradford & Bingley loans.

01 Mar 2016

93% of councils say Starter Homes won't help affordable housing needs

93% of councils say Starter Homes won't help affordable housing needs

Just 7% of councils think that the Government's Starter Homes will help to address the need for affordable housing, and 80% don't believe they should be classified as affordable housing.

01 Mar 2016

Advisers urged to conduct platform due diligence

Advisers urged to conduct platform due diligence

Advisers need to be able to justify how a platform's service benefits their clients either directly or indirectly to satisfy their due diligence requirements, according to Nucleus.

01 Mar 2016

UK 'woefully under-protected' against critical illness

UK 'woefully under-protected' against critical illness

Just 8% of Britons have critical illness insurance compared to a third who have life cover, despite being four times more likely to claim on a critical illness policy than a life insurance policy before the age of 65.

01 Mar 2016

Former CBI chief to lead State Pension age review

Former CBI chief to lead State Pension age review

John Cridland, former Director General of the CBI, has been appointed as independent reviewer of State Pension age, with the government considering the recommendations by May 2017.

01 Mar 2016

Scottish Widows to remove workplace pension exit fees

Scottish Widows to remove workplace pension exit fees

Scottish Widows has today announced that it will be removing all exit fees across its workplace pensions, allowing customers the freedom to switch to another product or provider without incurring a charge.

01 Mar 2016

FCA to publish GI claims scorecards

FCA to publish GI claims scorecards

The FCA has announced that it will pilot the publication of general insurance 'scorecards' on its website, enabling people to compare both products and firms.

01 Mar 2016

Legal ruling 'opens floodgates for pension liberation scams'

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Legal ruling 'opens floodgates for pension liberation scams'

Equiniti has warned the recent High Court judgment regarding pension transfers "leaves the gates wide open for criminals".

01 Mar 2016

Kent Reliance loosens self-employed criteria

Kent Reliance loosens self-employed criteria

Kent Reliance will now consider standard residential mortgage applications from professional self-employed applicants who have been trading for a minimum of 12 months, down from 36 months.

01 Mar 2016

Financial Reporter launches Specialist Lending Roadshow

Financial Reporter launches Specialist Lending Roadshow

Financial Reporter is delighted to announce the launch of its Specialist Lending Roadshow, a series of events held at venues across the UK which aim to give intermediaries a better understanding of specialist lending in order to boost their client offering.

01 Mar 2016

Countrywide invests in The Buy to Let Business

Countrywide invests in The Buy to Let Business

Countrywide has made a "significant investment" in The Buy to Let Business in a bid to enhance its offering in the buy to let and private rental sectors.

01 Mar 2016

Just Mortgages launches self-employed division

Just Mortgages launches self-employed division

Just Mortgages has launched a new self-employed division to cater for mortgage brokers who would prefer to run their own businesses.

01 Mar 2016

Barclays to restructure after 8% fall in profits

Barclays to restructure after 8% fall in profits

Barclays has announced an 8% fall in statutory profit before tax to £2.1bn in 2015.

01 Mar 2016

LendInvest accepting new applications ahead of stamp duty hike

LendInvest accepting new applications ahead of stamp duty hike

LendInvest has confirmed that it is still accepting applications for loans to finance purchases that could complete before the 3% Stamp Duty Land Tax increase that comes into effect for landlords and developers on 1 April.

01 Mar 2016

Connect adds Axis Bank to panel

Connect adds Axis Bank to panel

Connect for Intermediaries has added Axis Bank to its panel of mortgage lenders.

01 Mar 2016

Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

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