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Mainly mortgage news…

Ami “concerned” over FCA’s approach to FOS changes

Today

The Association of Mortgage Intermediaries has criticised the Financial Conduct Authority, claiming that it has ignored the views of large swathes of financial services firms opposed to changes to the…

Majority of landlords upbeat despite uncertainties: The Property Hub

Today

Reports of the death of the buy-to-let sector appear to have been greatly exaggerated, with 2m landlords planning to increase their portfolios over the next 12 months. The survey, from advice website …

Buy-to-Let Watch: Landlords – do your homework

Friday

Changes to the mandatory HMO licensing scheme have created confusion, so it pays to read the rulebook again. David Whittaker stood down from the day-to-day running of Mortgages for Business in August …

Where do Labour and the Conservatives stand on housing?

Friday

Surcharge on foreign-based property buyers proposed by Theresa May, while opposition backs renters’ unions and a second home levy Party conference season sees MPs up sticks to – in the cases of the La…

Average two-year rate on the up: Moneyfacts

Friday

Latest data from Moneyfacts states that the average two-year fixed rate mortgage has continued its climb from recent lows to reach 2.52 per cent. The two-year rate has been moving downwards since 17 August of this year, at which point it hovered around a two-year high of 2.55 per cent. Two weeks ago the average […]

The post Average two-year rate on the up: Moneyfacts appeared first on Mortgage Strategy.

Cash sales for homes reach low of 29.6%: Hamptons

Friday

Cash sales for home purchases have dropped to 29.6 per cent, which Hamptons International says is the lowest level since its records began in 2007. The figure is for the first six months of 2018 when …

Foundation Home Loans makes new hire

Friday

Specialist lender Foundation Home Loans has hired national account manager Paula Priest, previously head of sales at The Mortgage Lender. Her career of more than 20 years in financial services include…

Equity release breaks £1bn mark in Q3

Friday

The Equity Release Council’s newest figures report that homeowners released £1.02bn of property equity from July to September. This compares to the £971m released in Q2 of this year, and £824m in Q3 2017, equating to a yearly increase of 24 per cent. In contrast to this sharp growth, the council points out that the […]

The post Equity release breaks £1bn mark in Q3 appeared first on Mortgage Strategy.

House prices fall in South East: Your Move

Friday

The housing market continues to slow, with annual house price increases down to just 0.9 per cent, the lowest rate of annual growth for six and a half years. This slowdown was driven by price falls in the South East, the first region to report negative annual growth. House prices in the region slipped by […]

The post House prices fall in South East: Your Move appeared first on Mortgage Strategy.

Mainly IFA news…

Adrian Boulding: How realistic is asset manager charges transparency?

9 Oct 2018

After more than 10 years of resistance to serious scrutiny, writes Adrian Boulding, Parliament, regulators and expert commentators are now all calling in unison for greater asset manager charges transparency

Matthew Yeates: Is 'risk-free' the new 'reckless' in retirement?

8 Oct 2018

In the days of compulsory annuity purchase and shorter life expectancy, it made sense to 'de-risk' in later life but with two-thirds of people now opting for drawdown, writes Matthew Yeates, the dynamic has changed considerably

In conversation with advisers: keeping fees transparent

2 Oct 2018

Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss the issue of fee transparency in relation to clients.

Fidelity's Ian Spreadbury to retire

1 Oct 2018

Fidelity's Ian Spreadbury will retire at the end of the year after 23 years with the firm.

In conversation with advisers: outsourcing to the specialists

27 Sep 2018

Partner Insight: Cathi Harrison, owner and director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss outsourcing to specialists.

In conversation with advisers: staying on top of regulatory risk

25 Sep 2018

Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss how to stay on top of regulatory risk.

Investors' confidence in UK equities plummets further with £315m in outflows

6 Sep 2018

Investors are fleeing developed market equities in favour of fixed income and multi-asset funds, according to the latest Investment Association statistics, as UK, US and Europe equities all see outflows.

RBS to pay first dividend since financial crisis

3 Aug 2018

Royal Bank of Scotland (RBS) has announced plans to reinstate a dividend for the first time since the financial crisis, declaring an interim dividend of 2p per ordinary share in its half-year report today.

Schroders to drop dual pricing as advisers warn it could cause MiFID II confusion

19 Jul 2018

Schroders is switching the pricing structure on a number of funds from dual pricing to swing pricing.

Henry Cobbe: Decumulation - the new investment conundrum

18 Jul 2018

For many years, the savings industry has been solely concerned with accumulation but, writes Henry Cobbe, there is now also a real need to develop thinking on how to tackle the decumulation issue for savers

'Gender pension gap' sees women losing out by over 10% - Fidelity

2 Jul 2018

Young women are likely to end up with a pension pot nearly 11% smaller than that of male counterparts, with a number of barriers preventing women from investing, according to a new report by Fidelity International.

LGIM chief executive to retire

31 May 2018

Legal & General Investment Management's chief executive is to retire in August next year, the board of Legal & General Group announced today.

FCA board agrees to ditch 'value for money' tag

11 May 2018

The board of the Financial Conduct Authority (FCA) has accepted proposals to ditch the term 'value for money' from the final rules relating to the Asset Management Market Study (AMMS).

BlackRock, JPMAM and Schroders bid for Lloyds mandate

26 Apr 2018

BlackRock, JP Morgan Asset Management and Schroders are among the firms vying for a £109bn investment contract put up for tender by Lloyds Banking Group, having made it through to the second round of bids.

Investment Watch: Matt Morris's verdicts on recent developments

16 Apr 2018

Professional Adviser's investment detective Matt Morris delivers his verdict on five developments in the investment and pensions arenas that have caught his eye over the last month

FCA launches second consultation on transparency of fund objectives

5 Apr 2018

The Financial Conduct Authority (FCA) has launched a second consultation on the back of its Asset Management Market Study into the transparency of fund objectives and the use of benchmarks.

Aviva backs down on plans to cancel preference shares

23 Mar 2018

Insurance giant Aviva is set to scrap plans to cancel £450m of high-yielding preference shares at par value, following "strong feedback and criticism" from investors.

Global markets tumble as Trump announces tariffs for China

23 Mar 2018

Asian stock markets fell in Friday's trading as the threat of a trade war escalated on the back of President Donald Trump announcing tariffs on up to $60bn in annual Chinese imports and Beijing threatening to hike its own taxes on US imports.

Chancellor unveils cryptoassets task force

22 Mar 2018

A cryptoassets task force has been established by the Treasury, the Bank of England and the Financial Conduct Authority (FCA) to "further explore risks associated with cryptoassets and the benefits of the underlying technology" it was announced today.

Paul Tinkler: Is there such a thing as a 'safe' withdrawal rate?

22 Mar 2018

Plenty of research may suggest 4% a year can be 'safely' withdrawn from pension pots over the long term but, writes Paul Tinkler, that comes with a number of caveats - in which case, can stochastic modelling help?

Mainly insurance news…

Podcast: Certus' Ben Welsh looks at the top five stories of the week

Friday

The unrated insurer debate, technology and consolidation all come under the microscope.

InsurTech Futures: Ex-Brokerbility and Aviva expert targets on-demand market

Friday

Pay-as-you-go InsurTech start-up claims it will help SME owners manage their insurance needs digitally.

FCA issues another clone broker warning

Friday

Unicominsurance.net appears to have been taken down.

Quizzical questions: 19 October 2018

Friday

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

Axa XL to move EU arm to Dublin

Friday

Insurer is to move its principal EU insurance company from the UK to Ireland ahead of the Brexit deadline.

Applied Net 2018: Self-serve for customers is the future for brokers

Friday

Applied’s customer experience expert Kris Hackney explains why brokers need to become truly digital and highlights how customer journeys are changing.

HNW Forum: Experts debate impact of MGAs on the market

Friday

Longevity of relationships remains a key success factor.

Bollington set to buy after Wilson merger and organic growth

Thursday

Documents show the Wilson price tag was £44.9m.

Gallagher buys Portmore Insurance Brokers

Thursday

Deal is the broker's second since UK Retail CEO Michael Rea promised a return to buying earlier this year.

HNW Forum: The challenge for brokers insuring Family Offices

Thursday

Simon Foster, CEO of TY Danjuma Family Office tackles the diversity of risks.

Applied Net 2018: Google’s Capital G has faith in brokers

Thursday

Investment in Applied Systems is not a sign of disruption to come and “testament to the independent agent being strong”.

#Insagepeople: 15 - 19 October 2018

Thursday

Stay up to date with the latest people moves.

Brokerbility and BHIB group lauds “best ever year”

Wednesday

Profit and turnover rise in 2018.

Ingenie founder Richard King unveils new telematics insurer backed by Gary Lineker

Wednesday

InsurTech start-up to launch next year following partnership with Munich Re.

Video: A broking minute with Neil Campling

Wednesday

ICB Group’s CEO faces the quick fire quiz.

InsurTech Futures: Four major insurers join ex-Aviva director Fraser Edmond's platform

Wednesday

Axa, Zurich, Ecclesiastical and QBE to use start-up's data sharing platform to reach more regional brokers.

LV's Mike Crane on challenging insurers and learning from each other at Broker Expo

Wednesday

Crane set to share his views on products, digital, strategies for success and more.

Applied Net 2018: Google takes minority stake in Applied

Wednesday

The tech giant has invested a nine figure sum in the software house but CEO Reid French said brokers should not be concerned about data sharing or disintermediation.

Insurance Rage: Allianz's David Martin on underinsurance among SMEs

16 Oct 2018

The insurer's director of SME and corporate partnerships implores brokers to tackle the problem.

Ardonagh sells Direct Group’s claims business for £36m

16 Oct 2018

Figure dependent upon performance.

Mainly international news…

China prepares for US trade war

Today

Could open market share opportunities for Korean and Taiwanese companies

The post China prepares for US trade war appeared first on International Adviser.

UK and EU agree post-Brexit deal on Gibraltar

Friday

Gibraltar's status as part of the UK signed off by Spain

The post UK and EU agree post-Brexit deal on Gibraltar appeared first on International Adviser.

‘Bizarre’ court ruling nets UK taxman £300,000 in IHT case

Friday

Ruling leaves 'a complex, nonsensical web of rules which risk layering on extra worry for beneficiaries'

The post ‘Bizarre’ court ruling nets UK taxman £300,000 in IHT case appeared first on International Adviser.

Bonds remain firmly on the 2019 adviser agenda

Friday

Over 70% of financial advisers are looking at bonds for their clients

The post Bonds remain firmly on the 2019 adviser agenda appeared first on International Adviser.

Don’t write off risky Russia just yet

Friday

Country’s economy remains overwhelmingly dependent on oil and gas

The post Don’t write off risky Russia just yet appeared first on International Adviser.

Eastspring expands into Thai market

Friday

Prudential's subsidiary is now present in 11 Asian countries

The post Eastspring expands into Thai market appeared first on International Adviser.

PEOPLE MOVES: WH Ireland, Russell Investments, Amundi

Thursday

WH Ireland replaces departed chief executive Richard Killingbeck

The post PEOPLE MOVES: WH Ireland, Russell Investments, Amundi appeared first on International Adviser.

Nick Train defends ousted Sage boss

Thursday

Star equities manager caught off guard by exit of accountancy software firm's chief executive

The post Nick Train defends ousted Sage boss appeared first on International Adviser.

Lifetime allowance set to rise to £1,054,800

Thursday

The increase is £24,800 or 2.4%

The post Lifetime allowance set to rise to £1,054,800 appeared first on International Adviser.

South Africa still open for Rops

Thursday

Removal of the last recognised overseas pension scheme from UK list has not closed the door

The post South Africa still open for Rops appeared first on International Adviser.