A sense of apocalypse pervades the financial services sector. Deleveraging is a scourge sweeping all before it. In the US, the seemingly immovable objects that were Fannie Mae and Freddie Mac have been unceremoniously shunted into government ownership.
Chancellor Alistair Darling has revealed HBOS has had problems for several weeks.
When I read your recent news article about the launch of new equity release trade body Special Advice for Equity Release (Mortgage Strategy September 1), I felt compelled to comment.
Nationwide is considering closing five processing centres in an effort to streamline its business. Centres in Swansea, Belfast, Southampton, Rayleigh and Sevenoaks are being assessed as part of the 30-day consultation. Nationwide has refused to comment on possible redundancies.
Jamie Clark gives the lowdown on what happens when an employer fails to pay auto-enrolment fines. An employer has been served County Court Judgement (CCJ) for failing to pay auto-enrolment fines, according to the latest data from The Pensions Regulator (TPR). The CCJ TPR cite a case where a removal company continually ignored them despite […]
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