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Mainly mortgage news…

NatWest reprices fixed-rate mortgages

Yesterday

NatWest is repricing its range of fixed-rate residential and buy-to-let mortgages. Some will be cut by up to 0.20 per cent, others will rise by up to 0.10 per cent. The changes will come into effect on 14 December, when it introduces its new product transfer and retention fee facility. There will be changes to […]

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Stamp duty changes fail to boost negative housing outlook: BSA

Yesterday

Consumers have welcomed the decision to abolish stamp duty, but this has done little to improve the negative perceptions about the housing market. The Building Societies Association Property Tracker f…

TSB reprices fixed-rate deals again

Yesterday

TSB have repriced many of its fixed rate mortgages, with changes to its home mover, remortgage, buy-to-let and shared ownership deals. This is the fifth time since August that the challenger bank has repriced its fixed-rate mortgage range. Those looking for a shared ownership or shared equity mortgage will see the cost of a two-year […]

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Build homes for emergency workers on green belt: LCCI

Yesterday

Up to 20,000 affordable homes should be built on the browner parts of London’s green belt and reserved for emergency workers, according to a new report from The London Chamber of Commerce and Industry…

Mortgage Strategy Awards 2018 shortlist announced

Yesterday

The festive season is in full swing and soon a new year will be upon us, but the celebrations will be far from over. On 28 February the great and the good of the mortgage world will come together once again to recognise the best of the industry at the Mortgage Strategy Awards. Known as […]

The post Mortgage Strategy Awards 2018 shortlist announced appeared first on Mortgage Strategy.

Foundation Home Loans appoint new product manager

Yesterday

Foundation Home Loans has appointed Tom Jacob as its new product manager. Jacob joins the company from Pepper UK, where he was responsible for the company’s product range and marketing plan. He has al…

Aldermore appoints new chairman

Yesterday

Aldermore Group has appointed Pat Butler as its new chairman. Butler will be a non-executive director with effect from 1 January, and will take on the role as chairman following once the company’s acq…

Second charge returns to double-digit growth in October

Yesterday

New second charge business in October rose 20 per cent by value and 19 per cent by volume year-on-year. There were 1,880 new second charge loans in October, according to new figures from the Finance &…

Ex-FCA mortgage head to speak at second charge masterclass

Yesterday

Former FCA mortgage sector head Lynda Blackwell will be the guest speaker at an upcoming London Money second charge masterclass.  The event will cover the future of the second charge market and the ca…

Five-year fix popularity at all-time high: Paragon

Tuesday

The proportion of homeowners opting for five-year fixes is at an all-time high, according to new research by Paragon Mortgages. Its latest Financial Advisers Confidence Tracking Index report found tha…

Mainly IFA news…

Kevin Okell: Drowning in rules

Yesterday

Without a sea change in the attitude of governments as to how actively they intervene in business activity, warns Kevin Okell, there is a real danger innovation in financial services will d…

Stephen Lowe: How consumer inertia can save pension freedom

Yesterday

Most pension savers would happily accept guidance if it was framed as part of the process rather than an inessential accessory to the main event, argues Stephen Lowe Is there …

SJP stops accepting British Steel pension transfer business

Yesterday

St James's Place (SJP) has confirmed it will no longer be accepting transfer requests from members of the British Steel Pension Scheme (BSPS). The advice giant has become the …

SJP stops advising on British Steel pension transfers

Yesterday

Advice giant St James's Place has ceased new pension transfer business from British Steel Pension Scheme (BSPS) members.

Graham Bentley: Storm warning

Yesterday

Fund houses must galvanise their pricing policy by introducing a more sophisticated charging strategy that responds dynamically to its impact on investors' potential outcomes, argues Graham…

FCA gives firms a year for certification tests under SM&CR

Yesterday

The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete f…

FCA names two more advice firms in British Steel pension transfer ban

Yesterday

Advice firms Pembrokeshire Mortgage and Mansion Park have been named alongside Active Wealth as firms that have had their pension transfer permissions suspended in the wake of the British S…

Accused British Steel transfer adviser fails to appear before MPs

Yesterday

Active Wealth UK director Darren Reynolds and Celtic Wealth Management managing director Clive Howells failed to turn up to the Work and Pensions Committee hearing on British steelworkers' …

British steel pension transfer IFA ducks out of MPs' hearing

Yesterday

The director of Active Wealth, Darren Reynolds, and managing director of introducer Celtic Wealth Management, Clive Howells, have failed to attend the Work and Pensions Select Committee evidence session on the British Steel Pension Scheme.

FCA panel chair apologises to fund managers over interview comments

Yesterday

Chris Sier, the chairman of the Financial Conduct Authority’s (FCA) institutional disclosure working group (IDWG), has apologised to the Investment Association (IA) for a perceived slur on the trade body in a newspaper interview.

Serco and Dixons Carphone jump on results relief

Yesterday

Investors in outsourcing group and electricals retailer handed welcome relief at end of torrid year.

OMW appoints Aegon's Mugridge as platform marketing head

Yesterday

Old Mutual Wealth (OMW) has appointed Jeremy Mugridge as head of proposition marketing for its platform, replacing Tom Hawkins who will become head of OMW's team of office-based consultants…

FOS: Now not right time to change funding model

Yesterday

The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form. The orga…

Regulators to meet steelworkers as DB transfer advice fears mount

Yesterday

The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) will hold a public meeting for steelworkers in Port Talbot on Thursday afternoon.

Ucis fraudster's sentence increased for failing to pay confiscation order

Yesterday

Ross Peters, convicted of running an unauthorised investment scheme in 2015, has been sentenced to an additional 400 days in jail for failing to comply with a confiscation order in the sum of £136,238.

Wednesday Papers: Disney nears $60bn deal to take over Fox assets

Yesterday

And gas shortage is set to push up bills after 'perfect storm' of energy problems.

Overnight Markets: Banks help S&P 500, Dow scale new highs

Yesterday

Declines in technology heavyweights, including Apple and Facebook, dragged on the Nasdaq.

Edward Bonham Carter's 2018 outlook: Inflation needs to behave

Tuesday

Edward Bonham Carter, vice-chairman of Jupiter Asset Management, has said the outlook for inflation will be a key concern going into next year, as there is a "question mark over how long wa…

Darius McDermott: When investors shouldn't be scared of volatility

Tuesday

Volatility is not necessarily a bad thing, argues Darius McDermott, pointing out it helps widen the dispersion between good and bad stocks and good managers can often add most value during …

Tideway offers to help steelworkers with £400,000 transfer offer

Tuesday

Specialist pension adviser and investment manager Tideway has said it has the capacity to take on additional British steelworker pension transfer cases over the next six weeks - if the memb…

Mainly insurance news…

Review of the year: May 2017

Yesterday

As May rolled around our most read stories included an £800m debt offer, redundancies, rumoured deals and senior management departures.

FCA reveals transition proposals for Senior Managers Regime

Yesterday

The regime replaces Approved Persons and the regulator advised it wanted most transitions to take place automatically.

Plum opens underwriting and support centre

Yesterday

The office is based in Basildon and replaces its Sudbury and Brentwood branches which have closed.

Review of the year: April 2017

Tuesday

As we swung into Spring Swinton, FCA probes and warnings, redundancies and Towergate were all most read in the month of April.

#Insagepeople: 11 to 17 December 2017

Tuesday

Keep up to date with all the latest people moves.

Broker Network buys Thompson & Richardson

Tuesday

Deal builds on its strategy to create regional powerhouses.

Former LV man leaves to set up Birmingham MGA

Tuesday

Mark Hands, former head of trading (North) at the insurer has set up Mercia Underwriting which is due to begin trading on 1 January with capacity arranged through Lloyd’s by Circle Insurance Services.

A Broking Minute: Square Mile's Dominic D'Inverno

Tuesday

The director of the Croydon broker reveals why he never played cricket for Hampshire and tells all about who motivates him in business.

Review of the year: March 2017

Monday

It was another busy month for brokers and featured a jailing, insurer redundancies, buying and selling and an FCA exoneration.

FCA report reveals Bluefin's targets to place business with Axa

Monday

Last week the regulator fined Bluefin £4m for misleading its customers.

Das teams up with VM Insurance on recreational vehicle product

Monday

The bespoke product for campervans and motorhomes will be available to the broker market.

Liberty moves UK insurance company to Luxembourg

Monday

Provider says move will not have an impact on UK brokers and clients.

Insurance Cares: 16m without contents insurance

Monday

Report find 60% of those earning under £15,000 do not have contents cover.

Review of the year: February 2017

8 Dec 2017

A booze ban at Lloyd's, Ageas, management changes at Marsh/Bluefin, a logo dispute and an FCA warning hit the headlines in February.

Bluefin’s £4m fine should serve as “wake-up call” for brokers, say experts

8 Dec 2017

Compliance specialists say brokers need to ensure there are no conflicts of interest.

Broking Break: Your Top 5

8 Dec 2017

A huge fine for Bluefin was the top story in the past week. Brokers were also interested in a £500,000 ex-Gallagher employee fraud court case, Amazon’s plans to enter the insurance market and management changes at two insurers.

Quizzical questions: 8 December 2018

8 Dec 2017

Test your knowledge of the week's news with our topical quiz.

Sedgwick buys Cunningham Lindsey

7 Dec 2017

Brokers promised it will be business as usual.

Review of 2017: January

7 Dec 2017

We look back at the biggest stories this year with January featuring Axa and Bluefin, Towergate and a big ICO fine for an insurer.

Saga confirms 100 redundancies

6 Dec 2017

The insurance and travel business said the changes would enable it to invest in further growth as it issues trading update.

Mainly international news…