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Osborne scraps pension tax relief changes

Osborne scraps pension tax relief changes

Chancellor George Osborne has postponed plans to announce changes to pension tax relief in the forthcoming 2016 Budget.

07 Mar 2016

The seven-year itch: how have record low rates affected the market?

The seven-year itch: how have record low rates affected the market?

Today marks the 7th anniversary of the introduction of Quantitative Easing in the UK, and of Bank of England base rate being cut to 0.5%.

05 Mar 2016

Pension lifetime allowance - the 'big, bad tax'?

Pension lifetime allowance - the 'big, bad tax'?

We are just a month away from the changes to the pension lifetime allowance which will be reduced to £1m. All the media headlines around this change have focused on this 'big, bad wolf' of a tax, which should be avoided at all costs. Most have surmised that with the headline rate of the tax on benefits in excess of £1m being 55%, then this is clearly a 'big, bad tax'. However, when you dig a little deeper, the question has to be asked, is it really that bad?

04 Mar 2016

Northview Group expands Kensington & New Street team

Northview Group expands Kensington & New Street team

The Northview Group, the parent company of Kensington and New Street Mortgages, has appointed Abi Greenhalgh as National Account Manager, working across its lending businesses.

04 Mar 2016

In the Spotlight with Gary Little, TMA

In the Spotlight with Gary Little, TMA

We spoke to Gary Little, Commercial Director at TMA, about increasing borrower demand and how advisers can prepare for forthcoming regulatory changes.

04 Mar 2016

Tyrie asks NAO to review RBS share prices

Tyrie asks NAO to review RBS share prices

Andrew Tyrie MP, Chairman of the Treasury Committee, has asked the National Audit Office to review the advice provided by UKFI to the Government ahead its first sale of shares in RBS in August.

04 Mar 2016

Brexit 'wouldn't have massive impact' on house prices

Brexit 'wouldn't have massive impact' on house prices

Speaking at the Investec Broker Insight evening, chief economist for the bank Phil Shaw said that a potential Brexit would not have a 'massive impact' on UK house prices.

04 Mar 2016

Tenet launches remuneration solution

Tenet launches remuneration solution

Tenet has signed a long-term contract with Focus Solutions to incorporate their Remuneration Management module into the existing Tenet Advantage practice management technology solution.

04 Mar 2016

Halifax cuts FTB and homemover rates

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Halifax cuts FTB and homemover rates

Halifax has reduced rates on its first time buyer and homemover mortgages by up to 0.30%.

04 Mar 2016

L&G becomes Later Life Academy ambassador

L&G becomes Later Life Academy ambassador

The Later Life Academy has announced Legal & General as its latest Corporate Ambassador.

04 Mar 2016

 

Mint Bridging ups maximum loan size

Mint Bridging ups maximum loan size

Mint Bridging has increased its maximum loan size from £1 million to £5 million.

04 Mar 2016

Investors "to lose billions in pension tax relief"

Investors "to lose billions in pension tax relief"

Investors are set to lose billions in pension tax relief if George Osborne reforms pension taxation based on an ISA style system, according to Hargreaves Lansdown.

04 Mar 2016

Fluent Money announces expansion plans

Fluent Money announces expansion plans

Fluent Money has announced plans to develop its range of services following new investment from Beech Tree Private Equity.

04 Mar 2016

L&G launches government housing scheme Matrix

L&G launches government housing scheme Matrix

Legal & General Mortgage Club is launching a Government Housing Schemes Matrix to give brokers an overview of what each government scheme offers, whilst providing up-to-date information on which lenders offer products under the schemes.

03 Mar 2016

Bridging lending breaks £3.5bn barrier

Bridging lending breaks £3.5bn barrier

Gross annual bridging lending has broken through the £3.5bn barrier in 2015, according to the latest West One Bridging Index.

03 Mar 2016

NatWest to offer 'day one' valuation instructions

NatWest to offer 'day one' valuation instructions

NatWest Intermediary Solutions will begin instructing all valuations for residential, buy-to-let purchase and remortgage applications, up to £500,000, from the day an application is submitted.

03 Mar 2016

First Complete adds Kent Reliance to panel

First Complete adds Kent Reliance to panel

Kent Reliance, part of OneSavings Bank, has been appointed to the First Complete lender panel.

03 Mar 2016

Shawbrook plans move into retirement lending solutions

Shawbrook plans move into retirement lending solutions

In its full year results, posted today, Shawbrook Bank said it is focusing on "diversification into areas such as 'interest only in retirement' solutions".

03 Mar 2016

Financial Reporter releases new Product Factsheet with Evolution

Financial Reporter releases new Product Factsheet with Evolution

Financial Reporter is launching its second Product Factsheet in the series, available free for Financial Reporter readers.

03 Mar 2016

88% in the dark about investing for retirement

88% in the dark about investing for retirement

Over three quarters (82%) of UK adults have revealed they don't believe they are saving enough money to supply them with a comfortable income in retirement.

03 Mar 2016

Halifax: monthly house prices drop 1.4%

Halifax: monthly house prices drop 1.4%

House prices decreased by 1.4% between January and February, offsetting much of January's 1.7% rise, according to the latest Halifax house price index.

03 Mar 2016

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

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