Latest News

From Glasgow to London: the rise of Financial Services Expo

From Glasgow to London: the rise of Financial Services Expo

This year has, once again, been a busy one in financial services.

09 Dec 2015

Help to Buy completions hit 130,000

Help to Buy completions hit 130,000

Over 130,000 people have now bought a home through the Help to Buy scheme, according to the latest government figures.

09 Dec 2015

FCA: wealth managers need "substantial improvement"

FCA: wealth managers need "substantial improvement"

A third of wealth managers and private banks are still falling "substantially short" of the FCA's expected standards, a thematic review has found.

09 Dec 2015

The Source launches new GI platform

The Source launches new GI platform

Source Insurance has today launched its new general insurance platform.

09 Dec 2015

'All major barriers' to home ownership fall in 2015

'All major barriers' to home ownership fall in 2015

UK consumers have reported that all the major barriers to property purchase have fallen, according to the BSA's final Property Tracker of 2015.

09 Dec 2015

Industry appeals to FCA for new investment regulation

Industry appeals to FCA for new investment regulation

Investment platforms are urging the FCA to support a new industry charter guaranteeing best practice after the findings of a report revealing a wide disparity in fund platforms' services and charges.

09 Dec 2015

Retiree mortgage debt soars 31%

Retiree mortgage debt soars 31%

Over-55s have seen a 31% rise in mortgage debt over the last year, according to Aviva.

09 Dec 2015

FCA finalises new capital rules for advisers

FCA finalises new capital rules for advisers

The FCA has confirmed plans to raise the minimum capital resources requirement for personal investment firms from £10,000 to £20,000.

09 Dec 2015

Skipton becomes first lender to adopt ESIS

Skipton becomes first lender to adopt ESIS

Skipton Intermediaries has announced that it will switch to the European Standardised Information Sheet from 14 December 2015, ahead of the Mortgage Credit Directive.

09 Dec 2015

Promise receives FCA authorisation ahead of MCD

Promise receives FCA authorisation ahead of MCD

Promise Solutions has announced it has achieved Financial Conduct Authority authorisation ahead of the implementation of the Mortgage Credit Directive.

09 Dec 2015

 

Confusion over new state pension continues ahead of launch

Confusion over new state pension continues ahead of launch

Many are unaware or confused about changes to the state pension that may affect their entitlement, according to Aviva.

09 Dec 2015

November listings drop 21.5%

November listings drop 21.5%

After three months of small rises, new property listings fell by 21.5% across the UK in November, according to HouseSimple.com.

09 Dec 2015

NIESR: GDP rises to 0.6% in November

blue screen numbers

NIESR: GDP rises to 0.6% in November

NIESR estimates that GDP grew by 0.6% in the three months ending in November after growth of 0.5% in the three months ending in October 2015.

08 Dec 2015

HTB - the move from State to private sector

HTB - the move from State to private sector

Given we are haring towards the end of the year, it seems a good point to reflect on the last 12 months.

08 Dec 2015

Bridgebank Capital sees surge in large loan demand

Bridgebank Capital sees surge in large loan demand

The Bridgebank Capital Group has completed almost £35 million of loan advances in the past few weeks, primarily as a result of increased activity from their large loans brand, Quantum by Bridgebank Capital.

08 Dec 2015

FOS freezes case fees and budget for 2016/17

FOS freezes case fees and budget for 2016/17

The Financial Ombudsman Service has published its proposed plans and budget for the next financial year (2016/2017).

08 Dec 2015

Towers Watson expands life insurance business

Towers Watson expands life insurance business

Towers Watson has appointed former Aviva director Marcus Bowser to the position of UK Life Sales and Practice Leader as the latest in a series of appointments.

08 Dec 2015

Guaranteed income still 'number one priority' for retirees

Guaranteed income still 'number one priority' for retirees

Despite April's pension reforms being heralded as the end of the line for annuities, public demand for guaranteed income in retirement is still strong, according to new research from Retirement Advantage.

08 Dec 2015

BoE: record numbers fix as rates drop further in Q3

iStock_000009992808Large.jpg

BoE: record numbers fix as rates drop further in Q3

Gross advances of £62.1 billion were recorded in Q3, 18.2% higher than in Q2 2015 and 11.1% higher than Q3 2014, according to the Bank of England and FCA's latest Mortgage Lenders and Administrators Statistics.

08 Dec 2015

Steve Carruthers joins Newcastle BS as Head of Mortgages

Steve Carruthers joins Newcastle BS as Head of Mortgages

Steve Carruthers has joined Newcastle Building Society as Head of Mortgage Distribution from Aldermore where he was Head of Sales. Prior to this he worked in a variety of roles within the RBS Group and has more than 27 years experience in the financial services sector, the majority of which have been in the intermediary mortgage industry.

08 Dec 2015

FCA introduces new rules for cash savings accounts

FCA introduces new rules for cash savings accounts

The FCA have introduced a new package of measures for cash savings accounts designed to improve competition by encouraging easier and quicker switching and improving the information savers receive.

08 Dec 2015

One in seven fail to remortgage post-MMR

One in seven fail to remortgage post-MMR

Up to one in seven (14%) of homeowners trying to remortgage in the past two years have failed to secure another deal, according to Nottingham Building Society.

08 Dec 2015

Quarterly house price growth eases to 1.4%

Quarterly house price growth eases to 1.4%

House price growth in the latest three months eased to 1.4%, according to the latest Halifax house price index. The quarterly rate of change fell from October's 2.8% to the lowest since December 2014 (0.3%).

08 Dec 2015

Brightstar and MTF announce partnership

Brightstar and MTF announce partnership

Brightstar is announcing the launch of its official people development partnership with MTF, days after being awarded the gold standard in Investors in People.

08 Dec 2015

Connect expands BDM team

Connect expands BDM team

Connect for Intermediaries has appointed Ed Maguire and Terry Singleton as BDMs for the packaging and distribution side of the business.

08 Dec 2015

Director receives 11-year ban for insurance mis-selling

Legal

Director receives 11-year ban for insurance mis-selling

David Stuart Picton has been disqualified from acting as a director for 11 years for mis-selling insurance policies to customers that were not underwritten by an insurer and without the appropriate authorisation from the FCA.

07 Dec 2015

Secure Trust Bank sells lending business in £235m deal

Secure Trust Bank sells lending business in £235m deal

Secure Trust Bank has agreed on the conditional sale of its non-standard consumer lending business, Everyday Loans, to Non Standard Finance.

07 Dec 2015

Enterprise Finance sees recognition for record sales

Enterprise Finance sees recognition for record sales

Enra Group, the parent company of Enterprise Finance and bridging lender West One Loans, has been named in the Sunday Times Virgin Fast Track 100.

07 Dec 2015

Latest Money Careers

Popular this week

Specialist Lending Roadshow 2017

20th - 28th September

4 days
7 specialists
4 locations
Free to attend

Click here to register now