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Church to make over £80m from Williams & Glyn separation

Church to make over £80m from Williams & Glyn separation

Church of England Commissioners hold a 10% stake in a £600m bond invested in Williams & Glyn, with the total return from its involvement "likely to be more than £80m", according to sources.

05 Apr 2016

AMI to challenge "unfair" FCA fee hike

AMI to challenge "unfair" FCA fee hike

The FCA today released their budget figures for 2016/17 in which it confirmed that their existing costs would remain 'flat'.

05 Apr 2016

Barclays: Brits lose £1bn in missed ISA savings

Barclays: Brits lose £1bn in missed ISA savings

Savers are losing £977.6m by not depositing a penny into their cash ISA account, despite holding almost three times the amount of cash required to fill the annual allowance, according to Barclays.

05 Apr 2016

Standard Life's financial planning arm acquires advisory firm

Standard Life's financial planning arm acquires advisory firm

Standard Life's financial planning business, 1825, has announced the acquisition of Baigrie Davies with assets under advice of around £400m, following recent agreements to acquire Almary Green in East Anglia and Munro Partnership in Scotland.

05 Apr 2016

Mint Bridging sees 820% annual lending rise

Mint Bridging sees 820% annual lending rise

Short term bridging & re-bridging lender, Mint Bridging, generated an 820% increase in its loan book compared to Q1 2015.

05 Apr 2016

Cavendish Online launches intermediary protection solution

Cavendish Online launches intermediary protection solution

Online life insurance and protection broker Cavendish Online has launched a white label service to provide intermediaries with a protection solution for execution only and advised business.

05 Apr 2016

FCA budget rises 8% to £519m

FCA budget rises 8% to £519m

The FCA's annual funding requirement for 2016/17 has been set at £519.3m - an increase of 7.8% on the previous year.

05 Apr 2016

New Street partners with Mortgage Advice Bureau

New Street partners with Mortgage Advice Bureau

New Street Mortgages has announced a new distribution partnership with Mortgage Advice Bureau.

05 Apr 2016

Advisers recognising need for equity release referrals

Advisers recognising need for equity release referrals

Customers referred to specialist equity release brokers by other advisers have higher house values than the market as a whole, according to Key Partnerships.

05 Apr 2016

Blacks Connect joins Precise's bridging panel

Blacks Connect joins Precise's bridging panel

Precise Mortgages has added Blacks Connect to its short-term lending conveyancer panel.

05 Apr 2016

 

Underwriting importance moves up as pension freedoms kick in

Underwriting importance moves up as pension freedoms kick in

New research from more 2 life shows advisers are increasingly recognising the importance of heath and lifestyle checks when recommending products following the launch of pension freedoms.

05 Apr 2016

Marsden BS increases lending by 11%

Marsden BS increases lending by 11%

Marsden Building Society saw total assets exceed £400 million for the first time in 2015, while gross lending volumes rose by 11% to £87m.

04 Apr 2016

MAB: BTL activity returns to pre-stamp duty levels

MAB: BTL activity returns to pre-stamp duty levels

Buy-to-let activity has returned to the levels seen before the stamp duty deadline announcement, according to Mortgage Advice Bureau figures.

04 Apr 2016

Leeds BS announces interest only criteria changes

Leeds BS announces interest only criteria changes

Leeds Building Society has made improvements to its interest only range in a bid to help more under-served borrowers.

04 Apr 2016

Challenger lender expands second charge team ahead of launch

Challenger lender expands second charge team ahead of launch

Simon Burnell has joined new challenger mortgage lender Belmont Green Finance Limited as Director of Sales for Second Mortgages.

04 Apr 2016

PRA updates lending rules for building societies

PRA updates lending rules for building societies

The PRA has revealed its proposed changes to its supervision of building societies' lending activities.

04 Apr 2016

New technology aims to improve protection accuracy

New technology aims to improve protection accuracy

Willis Towers Watson has developed a mortality model which uses medical science to help insurance companies and pension funds accurately price insurance cover, calculate liabilities and manage risk.

04 Apr 2016

Aldermore launches bridging range in Scotland

Aldermore launches bridging range in Scotland

Aldermore is expanding its product range to include bridging and property development sectors in Scotland.

04 Apr 2016

#FRAwards16 - Five reasons winning an award is good for your business

#FRAwards16 - Five reasons winning an award is good for your business

With voting for our seventh annual Financial Reporter Awards closing in two weeks' time, it already looks like we will see a record number of voters - a figure which has increased every year since we launched.

04 Apr 2016

V Loans announces partnership with LSL brands

V Loans announces partnership with LSL brands

Second charge specialist V Loans has seen broker registrations treble following its appointment as the only second charge master broker across all three mortgage club and network brands of LSL Financial Services.

04 Apr 2016

Towry sold to Tilney Bestinvest in £600m deal

Towry sold to Tilney Bestinvest in £600m deal

Palamon Capital Partners has agreed the sale of Towry to Tilney Bestinvest for £600 million, subject to regulatory approvals.

04 Apr 2016

Just Retirement and Partnership merger completes

Just Retirement and Partnership merger completes

Following Court Approval, the merger between Just Retirement Group and Partnership Assurance has completed.

04 Apr 2016

Just Mortgages profit up 17%

Just Mortgages profit up 17%

Just Mortgages' profit rose 17% in 2015 on an increased turnover of 6%.

04 Apr 2016

Paradigm Protect adds specialist insurer to panel

Paradigm Protect adds specialist insurer to panel

Paradigm Protect, the specialist protection and GI distributor within the Paradigm Group, has added commercial insurer, CDC, to its panel of general insurance referral partners.

01 Apr 2016

March - a milestone month for retirement?

March - a milestone month for retirement?

Even before the Budget, and the launch of the Lifetime ISA with its State-backed saving incentives for either purchasing a first property or retirement, March 2016 was shaping up to be something of a 'milestone' month in terms of the history of retirement provision and the policies that determine at what age people retire, how they might save for that retirement, and the whole scope of how we support people in that provision.

01 Apr 2016

Future-proofed technology: how to stay one step ahead

Future-proofed technology: how to stay one step ahead

Commentators are often preaching to advisory firms the importance of being one step ahead of the technological curve, and there's an element of truth to this, but when you add in the fact that most firm owners have enough on their plate in terms of running their business, how can they set aside the time to work out what will happen next and how they should get 'ahead' of it?

01 Apr 2016

Scottish Widows calls for customer benchmarking of providers

Scottish Widows calls for customer benchmarking of providers

In its first report, Scottish Widows' Independent Governance Committee has called for an industry-wide benchmarking of pension providers by their customers.

01 Apr 2016

NatWest expands BDM team

NatWest expands BDM team

NatWest Intermediary Solutions has appointed five new Business Development Managers to its team - three field-based and two phone-based.

01 Apr 2016

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