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Date Subject View
06 May 2016 FOS using MCCB to pursue complaints? / Proc fee re... View email
05 May 2016 I want to help but... / Change from broker to IFA?... View email
04 May 2016 Network GI commission deductions / Wonga / Broker ... View email
04 May 2016 Non-status commercial finance from Frost Financial Services View email
03 May 2016 BTL 'scaremongering'? / GI commission / Broker fee... View email
30 April 2016 Can you help with these difficult to place cases? View email
29 April 2016 Network app delayed by FCA? / Network broker fee c... View email

Latest news stories

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Mainly mortgage news…

Lifetime Isa – how it works

Today

According to George Osborne “people like Isas – because they’re simple”. Fiona Tait is not convinced… Contributions & bonuses What he said: “From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you save, the Government will […]

Accord cuts fixed rates by 12bps

Today

Accord Mortgages is cutting rates by up to 12 basis points on its fixed rate mortgages for borrowers with a 35 per cent deposit. The rate cuts take place today. The lender is now offering  rates of 1.87 per cent at 65 per cent LTV for those remortgaging a two-year fixed rate, with no product […]

Aldermore launches limited edition B2L rate

Today

Aldermore is today launching a limited edition rate on its standard and specialised buy-to-let product range. The new rate is available for loans from £250k up to £1m. It is open to both individuals and limited companies applying for standard residential units. The product includes an initial rate of 3.93 per cent for two-, three- […]

RBS to stop lending to expats

Yesterday

Royal Bank of Scotland will stop offering loans to expats later this month. The change, which takes effect on 19 May and applies to both RBS and NatWest, means applicants must be resident in the UK to be eligible for a loan. It also includes applications from existing expat customers wanting to borrow more. The […]

Govt completes sale of £13bn Northern Rock book

Yesterday

The Government has completed selling its £13bn book of former Northern Rock mortgages to US investment firm Cerberus Capital Management. Cerberus made the final payment of £520m today, concluding the largest-ever financial asset sale by a European government. The mortgages were originally owned by Northern Rock and were bought by the government during the financial […]

Mainly IFA news…

Starting point: Why cleaning up pension language is just the beginning

Today

Andrew Pennie backs moves to clean up the language of pensions but says clearer terminology is just the first step toward proper understanding

FOS finds against Tenet over Spanish Ucis investment

Today

Tenet has been ordered to compensate clients who made a pension transfer linked to a risky investment on the recommendation an unregulated introducer.

Old Mutual Wealth hires chief operating officer

Today

Steven Braudo will join Old Mutual Wealth in June as chief operating officer.

FTSE loses orbit ahead of US jobs data

Today

Worries about this afternoon’s US jobs report unsettles markets. Satellite operator Inmarsat and construction group Interserve are big fallers.

Numis chief executive to step down

Today

Numis founder and chief executive Oliver Hemsley is to step down from his post this autumn.

Mainly insurance news…

Allianz unveils senior management structure

Today

Roles and responsibilities revealed for new single trading operation.

Eridge Underwriting joins Transactor panel

Today

Software house adds the MGA to its stable of motor insurers.

Hyperion modifies management structure

Today

New shape comes into effect on 1 October.

Plum adds non-standard property products to SSP

Today

MGA adds eLet and eFlex products to the software house.

Brightside loses agency with Markerstudy

Yesterday

Private car and van capacity believed to be affected following Markerstudy review of relationship.

Mainly international news…

David Howell: Guardian Wealth Management’s accidental adviser

Today

Guardian Wealth Management (GWM) chief executive David Howell has been in financial services as “man and boy”, having joined more than 30 years ago “by accident, more than planning”. After an early...

Argentina debt mispriced given regional risks, says Kames

Yesterday

The bond issue was able to go ahead after a US judge overturned an injunction stopping the country from raising funds.  Such was the positive international response to the offer that Argentina expected...

Cost seen driving mass affluent investors toward robo-advice

Yesterday

The FinTech Survey Report asked more than 3,000 financial analysts from around the world what impact automated technology will have on the financial services industry. More than a third of those questioned...

Barclays reduces stake in Barclays Africa, nets £603m

Yesterday

The accelerated bookbuilding saw around 103.6 million shares sold at a price of ZAR126 each, raising around ZAR13.1bn (£603m, $872m, €762m).  Following the sale, Barclays retains a 50.1% stake in one...

OMW’s ‘bold new’ strategy yields growth in FUM and sales

Yesterday

The company announced on Thursday that by owning distribution, an investment platform, discretionary fund management and asset management divisions, it was able to rake in strong net client cash flows...

Welcome to cherry

Welcome to the largest ever community of IFAs, mortgage and insurance advisers.

As many of you will already know, cherry membership now  exceeds 15,000 and each adviser can visit cherry whenever they wish, every  day of the year. Needless to say, this is MASSIVE!!   Our site traffic and newsletter readership is immense and it means that,  for the first time ever, the adviser  community has a REAL voice.  We therefore  urge you all to join - and to encourage  others to do so as well - so that the strength of this 'One Voice' can continue  to grow. Cherry  Register here

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To thrive, cherry relies on its  ability to generate sufficient supporting income. One key source is advertising  revenue derived from companies wishing to promote their products and services  to the adviser community. Because the  community is now so substantial, cherry advertising opportunities have become  very attractive.

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We are also particularly proud of our consumer facing service www.cherryfind.co.uk and we promise to do our best to ensure that the financial advisers and mortgage advisers listed on the cherryfind site are those who  adhere to the highest standards of business ethics - those who aim to provide impartial financial and mortgage advice which is WHOLLY focused on their customers' needs.