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Can equity release help with the care crisis?

Can equity release help with the care crisis?

The stigma attached to institutional care is deeply ingrained in the national psyche. The failures of both public and private sector providers to deliver adequate housing for some of the most vulnerable sections of society is, to be blunt, scandalous.

18 Aug 2015

Industry says ISA-style pensions pose "considerable risk"

Industry says ISA-style pensions pose "considerable risk"

Royal London's chief executive, Phil Loney, has warned that an 'ISA-style' tax treatment of pension contributions is a "fundamental and far-reaching change" to the principles of pension savings, and could pose "considerable risk" to the Government's aim of creating a savings culture in the UK.

18 Aug 2015

British Friendly hires former LV= protection director

British Friendly hires former LV= protection director

British Friendly Society has appointed Iain Clark in the new role of Marketing and Distribution Director.

18 Aug 2015

New bank tax to cost Nationwide £10bn in lending

New bank tax to cost Nationwide £10bn in lending

Nationwide has announced that the impact of the proposed changes to the bank levy and introduction of a tax surcharge on banks will cost the society around £300 million over the next five years.

18 Aug 2015

Conveyancing transactions at post-recession high

Conveyancing transactions at post-recession high

Conveyancing transactions reached their highest point for any second quarter of the post-recession era, according to the Conveyancing Market Tracker from Search Acumen.

18 Aug 2015

East England and Northern Ireland boost UK house prices

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East England and Northern Ireland boost UK house prices

UK average house prices increased by 5.7% over the year to June 2015 up from an increase of 5.6% in the year to May 2015, bringing the average house price in June to £277,000.

18 Aug 2015

Inflation rises to 0.1% in July

Inflation rises to 0.1% in July

CPI saw an annual increase of 0.1% in July after slipping to 0.0% in June, beating economists' predictions that inflation would remain flat.

18 Aug 2015

Royal London sees pension sales soar in H1

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Royal London sees pension sales soar in H1

Royal London has seen new life and pensions business rise 34% to £3,032 million in H1, as its operating profits rose 135% to £115 million.

18 Aug 2015

Pepper Homeloans joins Complete FS panel

Pepper Homeloans joins Complete FS panel

Complete FS has added Pepper Homeloans to its first charge Residential and Buy To Let lender panel.

18 Aug 2015

House purchase approvals drop as rate-rise uncertainty grows

House purchase approvals drop as rate-rise uncertainty grows

The number of mortgage approvals for house purchase has fallen 1.8% in July, down to 65,356 from 66,582 in June, and slipping from an upward trajectory that has broadly persisted for the previous eight months.

18 Aug 2015

 

Sir Clive Woodward OBE to deliver key note address at FSE London

Sir Clive Woodward OBE to deliver key note address at FSE London

Front Events, organisers of the Financial Services Expo show for financial advisers, has today announced that Rugby World Cup-winning Head Coach, Sir Clive Woodward OBE, will be delivering the key note address to delegates on the second day of the exhibition, Thursday 17th September.

18 Aug 2015

July housing market sees "rapid" year-on-year rise

July housing market sees "rapid" year-on-year rise

Housing market activity has shown rapid annual growth despite seeing a slow July, according to the latest research from Connells Survey and Valuation.

18 Aug 2015

MPC member warns of rate rise delay

MPC member warns of rate rise delay

Monetary Policy Committee member Kristin Forbes has said that waiting too long to raise interest rates risks "undermining recovery" - especially if interest rates then need to be increased at a faster pace than previously anticipated.

17 Aug 2015

Three in ten bank staff still feel under pressure to mis-sell

Three in ten bank staff still feel under pressure to mis-sell

Over a quarter of front-line bank staff still feel under pressure to sell, despite banks scrapping sales targets and the FCA cracking down on poor practice.

17 Aug 2015

Richard Coulson expands role to Pink Network

Richard Coulson expands role to Pink Network

Richard Coulson's role as business development director of First Complete has been expanded to Pink Network in an aim to join together aspects of LSL's network businesses as they target the next phase of growth.

17 Aug 2015

Demand for advisers up 66% since pension freedoms

Demand for advisers up 66% since pension freedoms

The number of savers turning to financial advisers has increased by 66% since the introduction of new pension freedoms

17 Aug 2015

Quintessential rebrands following FCA approval

Quintessential rebrands following FCA approval

Financial technology business Quintessential Finance Group has rebranded as it celebrates gaining FCA Principal status approval as a Consumer Credit Firm.

17 Aug 2015

Mortgage lending forecast to grow 11.7% in 2017

Mortgage lending forecast to grow 11.7% in 2017

Broader economic recovery, increased housing construction and demand-side incentives for the purchase of newly built properties will spark a growing appetite for mortgage lending over the next four years, according to a report by Timetric.

17 Aug 2015

ABI: protection payouts hit record high

ABI: protection payouts hit record high

In 2014, £3.44bn was paid to nearly 128,500 customers or families, up from £3.08bn paid out the previous year to help 98,900 households, according to the latest ABI figures.

17 Aug 2015

Housing market sees best August since credit crunch

Housing market sees best August since credit crunch

The August property market saw its strongest price performance since 2007, as the continuing supply/demand imbalance in the property market continues.

17 Aug 2015

Over one in five seek mortgage terms over 30 years

Over one in five seek mortgage terms over 30 years

Increasing numbers of homebuyers are searching for mortgage terms of over 30 years to make their monthly payments more affordable, according to Mortgage Advice Bureau.

17 Aug 2015

Just one in five will pay for pension advice

Just one in five will pay for pension advice

Although more than one in four (27%) over 55s with a pension plan to make a withdrawal following the introduction of Pension Freedoms, just one fifth would be willing to pay for financial advice, dropping to just 13% of men.

15 Aug 2015

In the Spotlight with Jo Breeden, Crystal Mortgages

In the Spotlight with Jo Breeden, Crystal Mortgages

We spoke to Jo Breeden, Managing Director of Crystal Mortgages, about the future of specialist lending and the buzz of completing a case.

14 Aug 2015

ONS: construction output increases in Q2

ONS: construction output increases in Q2

In Q2, output in the construction industry was estimated to have increased by 0.2% compared with Q1 and 2.4% compared to Q2 2014, according to the latest ONS figures.

14 Aug 2015

August property transactions at five-year high

August property transactions at five-year high

A national conveyancing firm has reported an "extraordinary jump" in the number of mortgage deals in the past two weeks, stating that the number of transactions in August is already at its highest for five years.

14 Aug 2015

Friends Life enhances IP quotation platform

Friends Life enhances IP quotation platform

Friends Life has enhanced its quotation platform's maximum benefit calculator facility to help advisers submitting income protection applications see how much income their clients will be eligible for.

14 Aug 2015

Equistone completes £50m pensions advice firm buyout

Equistone completes £50m pensions advice firm buyout

Equistone Partners, the former buyout arm of Barclays, has completed the £50m management buyout of financial services company Wealth at Work from Palatine Private Equity.

14 Aug 2015

Nine banks pay £1.3bn in forex settlements

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Nine banks pay £1.3bn in forex settlements

Nine banks are set to pay $2bn (£1.3bn) to US investors who have accused them of conspiring to manipulate foreign exchange rates.

14 Aug 2015

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