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FCA: pension providers must give risk warnings

FCA: pension providers must give risk warnings

The Financial Conduct Authority has today outlined plans to introduce additional protection for those accessing their defined contribution pension pot from April.

26 Jan 2015

NatWest announces new sub-2% mortgage rates

NatWest announces new sub-2% mortgage rates

From tomorrow, NatWest Intermediary Solutions will be introducing four new higher fee/lower rate 60% LTV mortgage deals into its intermediary range.

26 Jan 2015

Platform launches its lowest ever mortgage rate

Platform launches its lowest ever mortgage rate

Platform has reduced its residential 2 year fixed rate to 1.59% from its previous record low of 1.64%.

26 Jan 2015

Mortgage Credit Directive legislation published

Mortgage Credit Directive legislation published

The government has today published the legislation which will incorporate new European regulations on mortgage lending into UK law.

26 Jan 2015

Barclays loosens BTL affordability criteria

Barclays loosens BTL affordability criteria

From today, Barclays will allow personal income to be accepted when assessing buy-to-let affordability.

26 Jan 2015

Paymentshield offers half price home emergency cover

Paymentshield offers half price home emergency cover

Paymentshield has announced that from today it will be offering a 50% discount on its Home Emergency cover which can be purchased as part of its Home Insurance product.

26 Jan 2015

ILC to push for Independent Pensions Commission

ILC to push for Independent Pensions Commission

The International Longevity Centre are today announcing plans to explore the case for a second Independent Pensions Commission as OBR projections reveal that rising public and private debt poses risk to long term saving rates.

26 Jan 2015

Carney: inflation will return to 2% by 2017

Carney: inflation will return to 2% by 2017

Bank of England governor Mark Carney said inflation could return to its 2% target within two years.

26 Jan 2015

Post Office launches "challenger" brand

Post Office launches "challenger" brand

The Post Office has today announced the launch of its new brand, Post Office Money, which will bring together all of its financial products under one umbrella in a bid to become the UK’s leading financial service challenger.

26 Jan 2015

Brightstar appoints first BDM

Brightstar appoints first BDM

Brightstar has appointed Chris Bennett as its first Business Development Manager to take the Brightstar message to the intermediary market.

26 Jan 2015

 

Aviva to offer free life cover to parents of under-fives

Aviva to offer free life cover to parents of under-fives

Advisers are being given an opportunity to protect selected clients at no cost to them, with a year of free life cover from Aviva worth £15,000 to each parent of a child aged under five.

26 Jan 2015

Retirees underestimate life expectancy by eight years

Retirees underestimate life expectancy by eight years

Britain’s savers are failing to estimate how long they are likely to live by up to eight years, with many likely to run out of money in their later years because they have under-budgeted according to research by Aviva.

25 Jan 2015

Partnership to hold pension forums

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Partnership to hold pension forums

Partnership is holding forums across the UK to help provide advisers with the support and information they need to advise their clients prior to the pension reforms.

23 Jan 2015

Low mortgage rates won't encourage market growth

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Low mortgage rates won't encourage market growth

UK house prices ended the year 8.3% up in 2014, up from 4.5% in 2013 and 1.1% in 2012, according to the Hometrack UK Cities House Price Index.

23 Jan 2015

In the Spotlight with Steve Stone, Commercial Director at Vertex Financial Services

In the Spotlight with Steve Stone, Commercial Director at Vertex Financial Services

We spoke to Steve Stone, Commercial Director at Vertex Financial Services, about challenges facing the industry post-MMR, and the hot topics in the mortgage market at the moment.

23 Jan 2015

NatWest joins MCI panel

NatWest joins MCI panel

NatWest has become the latest lender to join MCI Mortgage Club’s growing panel.

23 Jan 2015

Becoming successful in auto enrolment

Becoming successful in auto enrolment

There are another two huge spikes in auto-enrolment about to hit as over 45,000 employers are set to stage in 2015 and over 500,000 in 2016. This presents a huge opportunity for advisers to cement new relationships with businesses and individuals and generate new long term recurring revenue streams.

23 Jan 2015

Barclays launches lowest ever remortgages

Barclays launches lowest ever remortgages

From today, Barclays is launching its lowest ever limited edition fixed rate products exclusively available for customers remortgaging to Barclays.

23 Jan 2015

Establishing lender-intermediary dialogue to bring new products to the market

Establishing lender-intermediary dialogue to bring new products to the market

While the credit crunch seems a long time ago its impact continues to be felt in the UK mortgage market and, quite probably, always will.

23 Jan 2015

Virgin makes further rate cuts

Virgin makes further rate cuts

Virgin Money has further reduced interest rates on a number of residential mortgage products and also across its Intermediary Exclusive range.

23 Jan 2015

Equity withdrawal from remortgaging hits record high

Equity withdrawal from remortgaging hits record high

The average amount of equity withdrawn by customers through remortgaging rose to £28,200 in December, according to the latest figures from LMS.

23 Jan 2015

Prime London prices rise by up to £415 a day

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Prime London prices rise by up to £415 a day

Average London property values rose by £260 a day over last year, with Prime London homes rising in value by £95,000 in the past twelve months, according to estate agent Marsh & Parsons.

23 Jan 2015

Downsizers raise an average of £120k

Downsizers raise an average of £120k

An average of £121,686 can be potentially raised by downsizing to a semi-detached home – with London downsizers raising an average amount of £263,770.

23 Jan 2015

Annuity rates down 10% since August

Annuity rates down 10% since August

On average since August 2014 annuity rates have fallen by 10% and and are continuing to decline, according to My Pension Expert.

22 Jan 2015

Uinsure & Julian Harris in GI partnership

Uinsure & Julian Harris in GI partnership

Julian Harris network has appointed Uinsure as a preferred provider of GI services to its membership.

22 Jan 2015

ECB to launch €1trn quantitative easing plan

ECB to launch €1trn quantitative easing plan

The European Central Bank has announced plans to buy government bonds worth up to €60bn a month until September 2016 to stimulate the eurozone economy.

22 Jan 2015

Providers should curb poor decisions says Pensions Minister

Providers should curb poor decisions says Pensions Minister

Pensions Minister Steve Webb has revealed he is pushing the regulator to allow more leeway for pension providers to push back on clients they believe may be making poor decisions when new pension freedoms come into force from April.

22 Jan 2015

FCA bans two senior execs for compliance failings

FCA bans two senior execs for compliance failings

The Financial Conduct Authority has fined and banned two former senior executives of interdealer broker Martin Brokers for compliance and cultural failings at the firm.

22 Jan 2015

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