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CMA launches banking investigation

CMA launches banking investigation

The CMA has today announced its decision to launch an in-depth market investigation into the personal current account and SME retail banking sectors, confirming its provisional decision of 18 July 2014.

06 Nov 2014

Transact and Ageas launch investment-linked protection

Transact and Ageas launch investment-linked protection

Transact and Ageas Protect have teamed up to launch an investment-linked term assurance product.

05 Nov 2014

Skipton expands BTL range

Skipton expands BTL range

From tomorrow Skipton is launching a refreshed range of fixed rate buy-to-let products designed to give landlords even more choice.

05 Nov 2014

Leeds BS reduces rates on two and five year fixes

Leeds BS reduces rates on two and five year fixes

Leeds Building Society is cutting rates on its range of two and five year fixed rate mortgages at 75% and 80% LTV.

05 Nov 2014

Johnson Fleming: employers should review benefit schemes following pension changes

Johnson Fleming: employers should review benefit schemes following pension changes

With continuing legislative changes dominating an already evolving market, Johnson Fleming is emphasising the need for businesses to regularly audit their employee benefits schemes with the launch of its new guide on protection, health and wellbeing.

05 Nov 2014

ABI: home insurance prices remain stable

ABI: home insurance prices remain stable

The price of home insurance has remained stable over the last year despite rises in some average claim costs according to the first ABI Average Quarterly Household Insurance Premium Tracker, published today.

05 Nov 2014

FCA continues support of Connaught investors

FCA continues support of Connaught investors

The Financial Conduct Authority has extended its support for a 'negotiated settlement' for investors in the failed Connaught Series 1 fund, the funding line for defunct bridging lending Tiuta.

05 Nov 2014

Pepper appointed as servicer on £2.7bn securitisations

Pepper appointed as servicer on £2.7bn securitisations

Pepper UK Limited has been appointed as the servicer on the recently announced Slate No. 1 and 2 residential mortgage backed securitisation issues, believed to be the largest transaction of its type globally this year and the largest European transaction in over 3 years.

05 Nov 2014

Penalty fees: a cautionary tale

Penalty fees: a cautionary tale

[SPECIAL FEATURE: Nigel Alexander, Director at Fincorp]

05 Nov 2014

FCA fines former senior Swinton execs almost £1m

FCA fines former senior Swinton execs almost £1m

The Financial Conduct Authority has fined three former senior executives of Swinton Group Limited £928,000.

05 Nov 2014

 

Increase in drawdown demand to put strain on market

Increase in drawdown demand to put strain on market

Standard Life estimates a 5-fold increase in the number of people across the UK choosing income drawdown from next April when the new pension freedoms kick in – up to 30% from 6% today.

05 Nov 2014

NIESR: BoE to hold interest rates until June

NIESR: BoE to hold interest rates until June

The Bank of England will hold interest rates at their historic low until after the general election next year, according to the National Institute of Economic and Social Research.

05 Nov 2014

Ageas: life insurance up 20.5% in Q3

Ageas: life insurance up 20.5% in Q3

Ageas UK's Q3 results published today show strong third quarter net result, offsetting the weather impact in first quarter.

05 Nov 2014

TMA and Pink Mortgage Club run DA conferences

TMA and Pink Mortgage Club run DA conferences

TMA and the Pink Mortgage Club are running a series of business conferences for directly authorised advisers around the country over the next three weeks. Both clubs are part of LSL Property Services financial services division.

05 Nov 2014

Bridging lending settles into 'less volatile' growth

Bridging lending settles into 'less volatile' growth

Growth in the bridging industry has settled into a steady and less volatile pattern of expansion since mid-2013, according to the latest West One Bridging Index.

05 Nov 2014

Nearly a fifth to miss out on new full state pension

Nearly a fifth to miss out on new full state pension

Nearly one in five (18%) adults do not believe they will qualify for the full flat rate State Pension of £155 a week, which is due to come into effect on 6 April 2016, according to new research from Prudential.

05 Nov 2014

An uphill struggle - changing perceptions of equity release

An uphill struggle - changing perceptions of equity release

Progress has certainly been made in terms of improving the public’s perception of equity release.

04 Nov 2014

Preparing for the festive period

Preparing for the festive period

So with the clocks going back, it has become the starting bell for what has become one of the busiest periods of the year in the runup to Christmas.

04 Nov 2014

Boosting remortgage approvals: Barclays quarterly review

Boosting remortgage approvals: Barclays quarterly review

[SPECIAL FEATURE: Andy Gray, Managing Director of Mortgages at Barclays]

04 Nov 2014

Almost half don't expect to own a home

Almost half don't expect to own a home

A new survey of non-homeowners conducted for mortgage and home loans broker Ocean Finance has revealed that the number of homeowners may continue to decline.

04 Nov 2014

Santander: mortgage lending up 59%

Santander: mortgage lending up 59%

Santander's quarterly management statement, published today revealed net mortgage lending is up £1.9bn year to date to £150bn.

04 Nov 2014

Co-op launches lowest ever 2 year fix

Co-op launches lowest ever 2 year fix

The Co-operative Bank today gave borrowers the opportunity to secure their mortgage at even more competitive rates by launching its lowest ever 2 year fix and making reductions across its fixed rate mortgage range.

04 Nov 2014

Iress: annuity demand sees 10.5% monthly rise

Iress: annuity demand sees 10.5% monthly rise

Annuity demand has shown signs of stabilising despite rates tumbling, according to the latest At Retirement Report by IRESS, the leading supplier of wealth management, financial markets and mortgage systems.

04 Nov 2014

Kensington appoints Barclays' Sarah Green for 2015 growth plans

Kensington appoints Barclays' Sarah Green for 2015 growth plans

Specialist lender Kensington Mortgages has appointed former Barclays head of national accounts Sarah Green as its new head of sales and marketing.

04 Nov 2014

Barings targets pensions with multi-asset rebrand

Barings targets pensions with multi-asset rebrand

Baring Asset Management has become the latest group to launch a fund targetting the pensions market in the wake of its reforms.

04 Nov 2014

L&G: individual annuities down 61% in Q3

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L&G: individual annuities down 61% in Q3

In their Q3 results published today, Legal and General stated that 'following the budget reforms, individual annuity sales in the quarter reduced to £125m, down 61%'.

04 Nov 2014

1.7m over 50s unable to pay interest only mortgages

1.7m over 50s unable to pay interest only mortgages

Research by Saga Personal Finance shows that four in 10 over 50s are paying off a mortgage worth on average £49,000.

04 Nov 2014

AFH to expand in 2015

AFH to expand in 2015

Listed financial adviser AFH Financial plans to expand its national presence during 2015 by acquiring firms in London and the South East.

04 Nov 2014

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