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L&G director Ben Thompson resigns

L&G director Ben Thompson resigns

Ben Thompson is set to leave Legal & General on the 11th of November for a managing director role with property and technology company ULS Technology plc, an AIM-listed provider of online B2B platforms for the UK conveyancing and financial intermediary markets.

20 Oct 2014

DWP has staff overhaul

DWP has staff overhaul

The Department for Work and Pensions (DWP) will shortly commence recruitment for a new Pensions Ombudsman and a Deputy Pensions Ombudsman.

20 Oct 2014

HSBC unveils 0.99% mortgage

HSBC unveils 0.99% mortgage

HSBC has announced it has launched its lowest ever mortgage rate today, starting from Monday.

18 Oct 2014

Bob Young, Chief Executive Officer, Fleet Mortgages

Bob Young, Chief Executive Officer, Fleet Mortgages

Financial Reporter spoke to Bob Young, CEO of newly-launched lender Fleet Mortgages, about their plans in the market.

17 Oct 2014

Virgin delays LSE float plans

Virgin delays LSE float plans

Virgin has today announced a delay on its planned float on the London Stock Exchange following a recent slump in global equity markets.

17 Oct 2014

Santander cuts rates by 0.31%

Santander cuts rates by 0.31%

On Monday 20 October 2014, Santander is significantly reducing rates across the majority of its fixed and tracker range, as it looks to further support homebuyers and remortgagers this autumn.

17 Oct 2014

BoE chief: interest rates to remain lower for longer

BoE chief: interest rates to remain lower for longer

Bank of England chief economist Andrew Haldane says he is “gloomier” on the UK’s economic prospects and expects interest rates to stay lower for longer.

17 Oct 2014

Insurer calls for independent pension review

Insurer calls for independent pension review

Royal London the UK’s largest mutual insurer has called for a new independent Commission to set the direction of policy on pensions, retirement income, and later life financial provision.

17 Oct 2014

From perfect storm to wind in its sails – why the improving economy shows crowdfunding is no fad

From perfect storm to wind in its sails – why the improving economy shows crowdfunding is no fad

[Feature from Dillen Iyavoo, CEO of the crowdfunding platform Funding Tree]

17 Oct 2014

Berkeley Alexander appoints two new BDMs

Berkeley Alexander appoints two new BDMs

General insurance provider, Berkeley Alexander, has announced the appointment of two new Business Development Managers.

17 Oct 2014

 

Popularity of fixed rates falls to two year low

Popularity of fixed rates falls to two year low

The proportion of homebuyers applying for a fixed-rate deal fell to its lowest level in almost two years in September, according to the National Mortgage Index from Mortgage Advice Bureau.

17 Oct 2014

P2P lending under ISA consultation

P2P lending under ISA consultation

Government sets out options to enable savers to hold innovative P2P loans in their ISAs which will allow returns to be entirely tax free.

17 Oct 2014

Second steppers face £60,000 gap

Second steppers face £60,000 gap

According to the fourth annual Second Steppers Report from Lloyds Bank, growing house prices mean there is an ever widening gap for those making the move to the second step on the housing ladder.

17 Oct 2014

Mortgage lenders expect more intervention despite market cooling

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Mortgage lenders expect more intervention despite market cooling

More than half (55%) of intermediary mortgage lenders and a sizable minority of brokers (40%) expect further interventions by the Bank of England’s Financial Policy Committee despite market growth cooling, according to new research by the Intermediary Mortgage Lenders Association.

17 Oct 2014

Uinsure appoints Berkeley Alexander’s Mark Hutchings

Uinsure appoints Berkeley Alexander’s Mark Hutchings

Leading GI provider Uinsure is continuing its mission to recruit the industry’s finest talent with the appointment of a new National Account Manager.

16 Oct 2014

Skipton appoints new Group Finance Director

Skipton appoints new Group Finance Director

Skipton Building Society is today announcing the appointment of Ashraf Piranie to the Board role of Group Finance Director.

16 Oct 2014

Intelliflo widens access to adviser planning tool

Intelliflo widens access to adviser planning tool

Leading provider of web-based business management software, Intelliflo, today announces that SimplyBiz members will now be able to access Distribution Technology’s Dynamic Planner through Simply Intelliflo Plus.

16 Oct 2014

Preparing ourselves for more regulatory changes

Preparing ourselves for more regulatory changes

The following is a sentence you will not often see written. I sometimes feel sorry for the FCA.

16 Oct 2014

Banks should follow credit unions and provide short-term credit

Banks should follow credit unions and provide short-term credit

On International Credit Union Day, Citizens Advice has warned about the lack of choice in short-term credit.

16 Oct 2014

Complete FS expand sales team

Complete FS expand sales team

Complete FS, the South Coast based packager, has recruited Ann Jennings to join its enquiries and sales team.

16 Oct 2014

SimplyBiz launches Training and Competence Scheme

SimplyBiz launches Training and Competence Scheme

SimplyBiz has announced the launch of a new T&C Scheme designed to help its member firms meet the FCA’s training and competence regime, in particular the aspects pertaining to the ongoing maintenance and management of advisers.

16 Oct 2014

Nearly half of Brits think advisers over-complicate insurance industry

Nearly half of Brits think advisers over-complicate insurance industry

Research reveals that 63% of UK adults do not trust Independent Financial Advisors and 84% believe that the ‘middlemen’ are an unnecessary point in the financial services process.

16 Oct 2014

Property SIPP & SSAS to boom with end of death tax

Property SIPP & SSAS to boom with end of death tax

More people will put commercial property into SIPPs and SSASs as a result of the end of the death tax, making property investment much more attractive, says Xafinity.

16 Oct 2014

Payday lending tops high-interest credit list

Payday lending tops high-interest credit list

62% of young people using high-interest credit are turning to payday loans.

16 Oct 2014

TMA to help brokers compare value of mortgage clubs

TMA to help brokers compare value of mortgage clubs

Mortgage club TMA has developed an interactive calculator designed to show DA brokers the benefits and income they can expect to receive when they join the club.

16 Oct 2014

Labour promises priority for FTBs

Labour promises priority for FTBs

Labour have claimed that Sir Michael Lyon’s report into housing will help communities build hundreds of thousands of new homes where families want to live, and ensure that first time buyers are given priority access rights to the houses in their local areas.

16 Oct 2014

Freedom sees record month of secured lending

Freedom sees record month of secured lending

Manchester-based Freedom Finance has today revealed that it completed a record month in September, signalling growing consumer confidence in the newly Financial Conduct Authority controlled market.

15 Oct 2014

Looking back on 10 years of mortgage regulation

Looking back on 10 years of mortgage regulation

It is almost ten years since MDay, or Mortgage Day. On 31st October 2004 the FSA introduced massive regulatory change and the way mortgages were sold would never be the same again.

15 Oct 2014

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