Latest News

Inflation turns positive in November

Inflation turns positive in November

The Consumer Prices Index rose by 0.1% in the year to November 2015 - the first positive inflation data since July, according to the latest statistics from ONS.

15 Dec 2015

Kensington places £1.5bn GE Money-backed securitisation

Kensington places £1.5bn GE Money-backed securitisation

Kensington has priced its largest placement of asset backed securities of 2015, with a £1.5 billion deal known as Trinity Square 2015-1.

15 Dec 2015

First Complete expands regional sales team

First Complete expands regional sales team

First Complete has increased its team of regional sales directors with two new hires.

15 Dec 2015

Secondary annuity market to launch in April 2017

Secondary annuity market to launch in April 2017

Economic Secretary to the Treasury Harriett Baldwin has confirmed that more than five million people will be able to sell their annuity from 6 April 2017.

15 Dec 2015

Scottish Widows Bank appoints new Managing Director

Scottish Widows Bank appoints new Managing Director

Scottish Widows Bank has appointed Martin Fleming as its new Managing Director.

15 Dec 2015

Hampton Mortgage Servicing appoints Phoebus Software

Hampton Mortgage Servicing appoints Phoebus Software

Hampton Mortgage Servicing has signed a three year contract with Phoebus Software Ltd.

15 Dec 2015

L&G expands Critical Illness Cover

L&G expands Critical Illness Cover

Legal & General has today announced changes to its Critical Illness Cover to incorporate the Association of British Insurers' Statement of Best Practice 2014.

14 Dec 2015

Lee Travis to replace Gary Little at SMP

Lee Travis to replace Gary Little at SMP

Lee Travis, who was appointed as the new head of professional development at the Personal Finance Society in November, has also been confirmed as head of professional development at the Society of Mortgage Professionals.

14 Dec 2015

Providing an all-round regulated service - is that such a strange philosophy?

Providing an all-round regulated service - is that such a strange philosophy?

What does the MCD bring that MMR did not? To the advisers already providing an all-round quality service then it may be relatively little. The change from a KFI to an ESIS and tweaks to stress testing are purely fine tuning, they are not actual material change. Material change already occurred when the MMR came into force.

14 Dec 2015

Barclays launches seven year fixed rate range

Barclays launches seven year fixed rate range

From tomorrow, Barclays is making changes to its 2 and 5 year residential fixed rates as well as launching a new seven year fixed rate range for rate switchers.

14 Dec 2015

 

MPs launch inquiry into auto-enrolment

MPs launch inquiry into auto-enrolment

The Work and Pensions Committee has today launched an inquiry into pensions automatic enrolment, focusing on the effects on small and micro employers.

14 Dec 2015

Rental prices surpass mortgage repayments in all UK regions

Rental prices surpass mortgage repayments in all UK regions

Potential first-time buyers would have lower monthly outgoings if they bought a property than they do renting, according to new research from Santander Mortgages.

14 Dec 2015

Aldermore launches mobile-optimised applications

Aldermore launches mobile-optimised applications

Aldermore has updated its online forms for residential and buy-to-let mortgages as well as bridging finance enquiries.

14 Dec 2015

LLA calls for 'consumer-centric' advice in FAMR response

LLA calls for 'consumer-centric' advice in FAMR response

The Later Life Academy has issued formal responses to the FCA's Financial Advice Market Review and HM Treasury's public financial guidance consultation.

14 Dec 2015

December house prices defy seasonal slowdown

iStock_000011698136Medium.jpg

December house prices defy seasonal slowdown

The seasonal 1.1% dip in property prices this month is the lowest December fall since 2006, according to the latest Rightmove house price index.

14 Dec 2015

Paradigm founder to launch robo-advice firm

Paradigm founder to launch robo-advice firm

Paradigm's co-founder, Anthony Morrow, plans to launch a robo-advice investment business next year with Moneysupermarket.com co-founder Duncan Cameron.

14 Dec 2015

TFC gains full Home Finance permissions

TFC gains full Home Finance permissions

Specialist distributor TFC Homeloans has been granted Home Finance permissions by the FCA, in addition to its existing full Consumer Credit permissions.

14 Dec 2015

Gary Little joins TMA as commercial director

Gary Little joins TMA as commercial director

The CII's Gary Little will join TMA, the mortgage club of LSL financial services, at the start of the new year.

14 Dec 2015

In the Spotlight with Wendy Baker-Rees, Financial Advice Network

In the Spotlight with Wendy Baker-Rees, Financial Advice Network

We spoke to Wendy Baker-Rees, Conduct and Operations Director at Financial Advice Network, about the most significant changes in the industry over the next 12 months and the rise of robo-advice.

11 Dec 2015

Valuation activity sees 29% annual growth

Valuation activity sees 29% annual growth

Valuation activity for all purposes saw strong annual growth, climbing 29% between November 2014 and November 2015, according to Connells Survey & Valuation.

11 Dec 2015

2016: what New Year's Resolutions should you make?

2016: what New Year's Resolutions should you make?

What is your New Year's Resolutions for 2016? Are you rolling out one of the old classics - to lose the Christmas pounds, eat healthier or join a gym? Or are you opting for something a bit different this year? Perhaps setting yourself the challenge of learning a new skill or fulfilling a lifelong ambition?

11 Dec 2015

Shawbrook enhances broker support

Shawbrook enhances broker support

Shawbrook Bank has hired a new Regional Support Executive.

11 Dec 2015

NatWest to accept builders' incentives on HTB New Builds

NatWest to accept builders' incentives on HTB New Builds

NatWest Intermediary Solutions will now accept builders' financial incentives of up to 5% of the purchase price on New Build properties that are bought through the Help to Buy shared equity scheme.

11 Dec 2015

BoE: banks must raise £27bn for new capital buffers

BoE: banks must raise £27bn for new capital buffers

By 2020, firms will need to raise £27bn on top of mandatory capital requirements to minimise the risk of a future crisis and prevent the need for a taxpayer bailout.

11 Dec 2015

Financial Ltd CEO refers FCA fine to Upper Tribunal

shutterstock_140867215.jpg

Financial Ltd CEO refers FCA fine to Upper Tribunal

Mr Charles Anthony Llewellen Palmer, the majority shareholder and CEO of Standard Financial Group Limited, and a director and de facto CEO of Financial Limited and Investments Limited, has referred a decision made by the FCA concerning him to the Upper Tribunal.

11 Dec 2015

Finance industry urged to support young consumers

Finance industry urged to support young consumers

The financial services industry needs to find new ways to support young consumers, with a net -31% of the under 30 group saying they feel confident in their financial providers, according to research from technology company CEB.

11 Dec 2015

Savers lose £150 billion from low interest rates

Savers lose £150 billion from low interest rates

As the 7th anniversary of interest rates at 0.5% approaches, new data shows that savers have lost £150 billion from low interest rates, with £164 billion now being held in zero interest accounts.

11 Dec 2015

Small deposit lending continues to stall

Small deposit lending continues to stall

The Autumn Statement accompanied a house purchase lending jump this November, but first-time buyers are yet to see the benefit, according e.surv.

11 Dec 2015

Latest Money Careers

Popular this week

Buy-to-Let Roadshow
April 2017

18th-21st April

4 days
7 specialists
4 locations
Free to attend

Click here to register now