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Mainly mortgage news…

First Mortgages NE announces seven new hires


First Mortgage NE has hired seven new staff members who will work across three of the company’s branches; Gateshead, Sunderland and Chester le Street. The firm has hired Jennifer Pattison as branch ma…

Comment: A rest is often as good as a change


Action still needed to resolve mortgage prisoner problem, however Given its inter-connectedness, we should sometimes be careful what we wish for in this market. For instance, those who were calling fo…

Insurance Watch: Shining a light on mortgage cover


Vitality is offering a unique strategy to get your life and serious illness cover sorted that may spark further conversation Vitality has shown real initiative with its new Mortgage Protection Plan, w…

London lags as retiree house prices rise: Key


Research from Key shows that mortgage-free retirees continue to benefit from rising house prices, but major regional variations are evident. In total, the value of property owned by the over-65s who n…

Low mortgage rates helping to improve affordability: Private Finance


Possessing a property with a mortgage is more affordable now than it was 10 years ago, according to Private Finance. This is despite house prices having increased 29 per cent within that time frame, a…

Accord cuts high-LTV and offset product rates


Accord Mortgages has sliced rates on its high-LTV products by up to 0.20 per cent and made reductions across its offset mortgage range. The two-year 90 per cent LTV product is now available at 2.04 pe…

Average two-year fix returns to falling ways: Moneyfacts


The average two-year fixed rate dropped slightly this week, data from Moneyfacts shows, falling to the lower bound of the 2.49 per cent range. This represents a return to the rate’s recent downward tr…

Together appoints new key account manager


Together has hired Paula Purdy (pictured) as its new key account manager. Purdy has over 30 years’ experience in the mortgage industry, having most recently worked at Octopus Property and Shawbrook Ba…

BTL lender ratings: the good, the bad and the average


As the market settles into 2019, which buy-to-lenders have set solid foundations for the year ahead? Natalie Thomas finds out When the going gets tough, the tough get going – and that certainly seems …

FSCS declares four firms in default


The Financial Services Compensation Scheme has listed four financial services firms as insolvent during January. Three of these were financial advisers and one a mortgage adviser. The companies were t…

Mainly IFA news…

What happens to performance after a 'star' fund manager leaves?


New research from online investment service provider Willis Owen has revealed 'star' managers really do make a difference as annualised outperformance is shown to have fallen significantly following their departure.

Conscious decoupling: GDP and environmental sustainability

11 Feb 2019

Industry Voice: One of the most serious problems with GDP is that it fails to measure the impact of economic growth on the planet's finite environmental resources. As economist Kenneth Boulding once put it: "Anyone who believes that exponential growth can go on forever in a finite world is either a madman or an economist." Some economists have indeed argued it is possible to 'de-couple' economic growth from environmental damage.

Plastic (not so) fantastic

31 Jan 2019

Industry Voice: The ultra-long lifespan of plastics is proving an ecological challenge. As consumers become alarmed at the environmental contamination caused by synthetic organic polymers, we look at the alternatives and the role of investors in pushing for change.

Results round-up: Hargreaves Lansdown sees assets fall 6% in H2 2018

29 Jan 2019

The last quarter of 2018 proved tough for UK wealth managers, with concerns over a global slowdown, Brexit and markets hitting inflows. Here, PA's sister title Investment Week collates the quarterly trading updates from the sector

Lessons from Turkey and Argentina: Where is the value in EMD now?

23 Jan 2019

Industry Voice: Alejandro Arevalo, Manager of the Jupiter Global Emerging Markets Corporate Bond and Jupiter Global Emerging Markets Short Duration Bond Funds, discusses lessons learnt from recent crises in Turkey and Argentina this year, and how this has created new opportunities in EMD

Thousands of savers face a pension shortfall, warns Zurich

22 Jan 2019

Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.

Government must commit to one indexation measure, says Lords committee

17 Jan 2019

The UK Statistics Authority's (UKSA) "refusal" to fix a long-standing error in the retail prices index (RPI) is "untenable" and demonstrates a need to commit to one measure of inflation.

Ethics & alpha: Can investing responsibly enhance returns?

9 Jan 2019

Steve Waygood, chief responsible investment officer at Aviva Investors, takes an in-depth look at the relationship between responsible investing and performance.

Expertise combined, opportunity multiplied: why I created a real assets business

8 Jan 2019

"The future is already here - it's just not evenly distributed" - William Gibson

DWP fixes 'nonsensical' no-deal Brexit investment regulations

7 Jan 2019

The Department for Work and Pensions (DWP) has amended draft no-deal Brexit regulations to remove a provision which would have made pension scheme investments illegal.

Neptune to merge income funds

3 Jan 2019

Neptune is merging its Quarterly Income fund into the Income fund on 1 April.

How a 19-year-old passed the Investment Management Certificate

12 Dec 2018

Passing the Investment Management Certificate when entering the industry is no mean feat, so when Joshua Stait decided to take this challenge on at just 19, a key question to ask has to be ... why?

Lawrence Cook: Beware decumulation's 'double whammy'

11 Dec 2018

Recent market turbulence must be a reminder to advisers to protect clients in the decumulation phase of their life against the combination of volatility and pound cost ravaging, writes Lawrence Cook

Snowden leaves Kames amid fixed income exodus

30 Nov 2018

Kames Capital has seen a wave of departures from its fixed income team, including co-head of fixed income Stephen Snowden and head of high yield David Ennett.

'Demand for advisory managers to decline sharply' - Charles Stanley CEO

28 Nov 2018

Advisory investment management is "in long-term decline" and will only comprise a minimal part of the wealth management industry within the next decade, according to Charles Stanley CEO Paul Abberley.

Revealed: Winners of the Sustainable & ESG Investment Awards 2018

26 Nov 2018

Professional Adviser's sister title Investment Week has announced the winners of its annual Sustainable & ESG Investment Awards 2018.

Weller and Wagstaff undertake CASCAID onesie challenge

23 Nov 2018

Incisive Media group chairman Tim Weller and Helen Wagstaff, founder of CASCAID and managing director of MiP, have completed their onesie challenge raising over £2,000 for Great Ormond Street Hospital.

Charles Stanley to name group head of distribution

22 Nov 2018

Charles Stanley has said "there remains much to be done" in increasing the rate of improvement in revenues and margin, which has been "slower than had been originally hoped".

Fund houses team up with Big Issue to launch impact investing platform

19 Nov 2018

A number of fund groups have joined forces to work with street newspaper The Big Issue to launch a mobile-first investment platform designed to bring social and environment impact funds directly to a retail audience.

Tavistock and Lighthouse join forces to create investment management service

14 Nov 2018

Tavistock Investments has announced it has entered into a strategic agreement with advisers Lighthouse Group to establish an investment management service to develop and distribute products and services under the Luceo brand.

Mainly insurance news…

Complete Cover Group tipped for sale


Several sources have indicated that the business is on the market.

PIB legal dispute settled out of court


Consolidator began court proceedings against former employee for alleged breach of his duties while on gardening leave in November.

Call Connection’s winding-up process to be extended another year


Debts revealed as administrators set to apply for second extension as investigations into the collapsed firm continue.

Germany extends passporting rights for UK insurers


The country has adopted some special provisions in case of a no deal Brexit.

Quizzical Questions: 22 February 2019


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

Video: Cardiff regional review part two


Insurance Age chats to brokers about the future for Cardiff.

Stable year for Open GI


Ebitda grows to £28.7m from £27.2m as software house notes that there was some disruption in 2018 as it sought to make operational improvements.

#Insagepeople: 18 - 22 February 2019


Stay up to date with the latest people moves.

Axa UK reveals growth in commercial lines


But personal lines revenues dip, while COR for the UK & Ireland business improves slightly.

“Surprise” at FCA clean bill of health for “unbalanced” wholesale market


The regulator said there was room for improvement and did not take action but expert suggests brokers expected the watchdog to intervene in what is seen as an “unbalanced market”.

Qatar Re reveals Markerstudy deal cost


Price published in the company's financial results for 2018.

Ageas' profitability back to pre-Ogden levels


CEO Andy Watson says motor was the "star of the show" in 2018, comments on Brexit preparations and addresses potential redundancies in Stoke and Port Solent offices.

NIG develops Brexit stock cover extension


It has been added to a number of lines following reports about companies increasing the level of stock-piling to prepare for the UK leaving the EU.

Azur launches emerging wealth home product


The provider said the offering has been designed to help brokers compete with direct writers with quote and bind taking less than two minutes.

FCA outlines “room for improvement” in £60bn wholesale market


However, the study into it did not identify “significant areas of harm” as Biba welcomes the final report.

Ageas UK sees profit jump in 2018


COR improved to 96.8% for the year, but GWP fell across all of its divisions as results are announced amid business restructure.

Video: Cardiff regional review part one


Brokers in the Welsh capital talk to news editor Ida Axling about the local insurance market.

Momentum partners with FMG on motor claims


Service is aimed at clients with a private or commercial motor or motor fleet policy.

PIB sets sights on Europe


Business to expand into more countries in Europe after buying Optis Insurance in Ireland.

FCA sounds latest clone broker alarm


A warning has been published by the regulator about a clone of Protect Your Bubble, which provides gadget and jewellery insurance.

Mainly international news…