Abbey for Intermediaries has notified around 140 advisers that they will no longer be able to use its fast-track facility following a review of their business performance. Mortgage Strategy understands that those affected are equally split between appointed representatives and directly authorised brokers. There were rumours last week that the measure was the result of […]
NatWest Intermediary Solutions is expanding the number of brokers that can access its corporate range by opening it up to around 200 directly authorised firms, representing in the region of 1,000 individual brokers.
SPF Private Clients has reported a pre-tax profit of £952,000 for the eight-month period ending on December 31 2011. The profit compares with a loss of £341,000 in the 12-month period to April 2011. In May 2011, Savills sold an 80.01% stake in the business to the senior management team of Savills Private Finance, which […]
The Financial Services Authority has fined Donald McKee Morgan, a partner in the Scottish firm of Donald Morgan Insurance Services, £335,204 for committing insurance fraud.
Paul Casson, the manager of the Artemis Pan-European Absolute Return Fund, expects to benefit from a (patchy) recovery in Europe and more profit warnings in 2016.
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