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Tailoring your communications to enage equity release customers

Tailoring your communications to enage equity release customers

‘Know your customer’ is a marketing mantra that is often thrown around, especially in financial services circles.

23 Dec 2014

Asset lender sees 20% increase in December

Asset lender sees 20% increase in December

Alternative lender, HNW Lending, has seen a 20% increase in loan enquiries in December as wealthy individuals who are cash poor look to secure short-term credit against their valuable assets before Christmas.

23 Dec 2014

First banker arrested over forex scandal

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First banker arrested over forex scandal

A former RBS trader has become the first UK banker to be arrested on suspicion of rigging the £3.5trillion a day foreign exchange market.

22 Dec 2014

Clydesdale and Yorkshire Banks launch new mortgage rates

Clydesdale and Yorkshire Banks launch new mortgage rates

Clydesdale and Yorkshire Banks have today launched new mortgage rates including 2, 3 and 5 year fixed rate deals, and a £1000 cashback mortgage offer for homebuyers.

22 Dec 2014

Property prices at two-year high

Property prices at two-year high

The average UK property price has hit its highest level in over two years, up 7.8% annually and 0.6% on the month in November 2014, according to research by Haart.

22 Dec 2014

Confidence in housing market increases

Confidence in housing market increases

The latest Lloyds Bank Spending Power Report has found that consumer confidence is at its highest score on record, with confidence in the housing market up five percentage points.

22 Dec 2014

London property demand down 28%

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London property demand down 28%

eMoov's quarterly Property Hotspots Index has revealed that the property market has cooled by 8% since February, with demand in London dropping 28%.

22 Dec 2014

FSE London 2014: MMR and how implementation will shape the new market - Lynda Blackwell, FCA

FSE London 2014: MMR and how implementation will shape the new market - Lynda Blackwell, FCA

Lynda Blackwell of the FCA gave a seminar at the FSE London expo on how MMR implementation is shaping the mortgage market, and what we can expect from the future.

19 Dec 2014

2015 - heralding a shift in the later life advice sector

2015 - heralding a shift in the later life advice sector

While 2014 still has half a month to run, it’s very difficult at this time of year not to look ahead to what is coming over the horizon in 2015.

19 Dec 2014

Bring on the new - but don't forget your existing client bank

Bring on the new - but don't forget your existing client bank

There are many important elements to any advisory business however, apart from you, the most valuable is undoubtedly your existing client bank.

19 Dec 2014

 

What does 2015 hold for advisers and the pensions market?

What does 2015 hold for advisers and the pensions market?

David Hughes, Managing Director at Jessop Fund Managers discusses his predictions for the pensions market in 2015 and the landscape for income drawdown as we move into a New Year with greater pension freedom.

19 Dec 2014

FCA fines insurance broker £1.8m

FCA fines insurance broker £1.8m

The Financial Conduct Authority has fined JLT Specialty Limited, which provides insurance broking and risk management services, over £1.8million for failing to effectively guard against the risk of bribery or corruption when making overseas payments.

19 Dec 2014

RICS: house prices to rise by 3%

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RICS: house prices to rise by 3%

The Royal Institution of Chartered Surveyors has forecast house prices increases of 3% in 2015.

19 Dec 2014

LV= plans Teachers Assurance takeover

LV= plans Teachers Assurance takeover

LV= has agreed to take over Teachers Provident Society, which trades as Teachers Assurance, from early 2016.

19 Dec 2014

Advisers expect equity release sector to double

Advisers expect equity release sector to double

70% of advisers expect the equity release market to continue to grow over the next six months, according to research by Bower Retirement Services, up 10% from Q3.

19 Dec 2014

The Nottingham raises proc fees

The Nottingham raises proc fees

The Nottingham has announced today that it will raise procuration fees in order to offer a better service to intermediaries.

18 Dec 2014

Selectapension enhances investment software

Selectapension enhances investment software

Selectapension has enhanced the user functionality of its Asset Reviewer software and Fund Research tool to help advisers analyse their clients’ investments more effectively.

18 Dec 2014

Natwest reduces LTV rates

Natwest reduces LTV rates

NatWest Intermediary Solutions have today announced a number of rate reductions to its intermediary range of mortgages. Rates will be cut on its lower LTV residential 2, 3 and 5 year fixed rate and 2 year tracker deals.

18 Dec 2014

Accord increases proc fees

Accord increases proc fees

Accord Mortgages has today announced an increase in procuration fees across its residential mortgage range.

18 Dec 2014

Government to strengthen FCA's enforcement decisions

Government to strengthen FCA's enforcement decisions

The government has today published a number of recommendations to ensure that the way the FCA and PRA make enforcement decisions continues to be fair, transparent and efficient.

18 Dec 2014

Up to £232m taken yearly in hidden pension charges

Up to £232m taken yearly in hidden pension charges

A report by the Independent Project Board revealed that one in four pension pots (up to £25.8bn of assets) incur charges of more than 1% a year and worryingly, savers with the smallest pots were the most likely to pay higher charges.

18 Dec 2014

FCA: debt management firm to pay £185,000 redress

FCA: debt management firm to pay £185,000 redress

The Financial Conduct Authority has announced that Harrington Brooks is the first debt management firm to agree a redress package since the FCA took over responsibility for regulating the sector this year.

18 Dec 2014

CML: Gross mortgage lending down 9%

CML: Gross mortgage lending down 9%

The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.9 billion in November, 9% lower than October (£18.6 billion), but equal to the £16.9 billion seen in November last year.

18 Dec 2014

Vantage Finance to offer specialist mortgage packaging

Vantage Finance to offer specialist mortgage packaging

Vantage Finance has launched a new packaging division which will focus on distributing products for more complex residential mortgage cases, as well as expanding Vantage’s current specialist BTL offering.

18 Dec 2014

Only 24% of Brits can afford to retire

Only 24% of Brits can afford to retire

Changes in life expectancy, economic circumstances and government legislation are causing a rise in ‘pre-tirees’, with retirement now a gradual process which takes place over a period of years or even decades.

18 Dec 2014

Retirees in danger of savings scams

Retirees in danger of savings scams

Retirement savers are striving to achieve annual returns of 7% on long-term investments, and high expectations are putting them in danger of accepting riskier – or even illegal – investment options.

18 Dec 2014

Govt to sell £3bn Lloyds shares

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Govt to sell £3bn Lloyds shares

Yesterday, Chancellor George Osborne furthered plans to return Lloyds Banking Group to private ownership by announcing that the government will sell part of its remaining shareholding in the firm.

18 Dec 2014

Ageas and Virgin to launch home insurance range

Ageas and Virgin to launch home insurance range

Ageas UK and Virgin Money have entered into an agreement that will see both businesses work together to create a range of home and motor insurance products for the UK market during 2015.

17 Dec 2014

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