Financial Services Authority chairman Lord Turner has admitted that Money Advice Service chief executive Tony Hobman’s £350,000 remuneration package was set too high by the regulator.
Virgin Money has reduced the interest rates on a number of its fixed rate mortgage products by up to 0.16%.
Offset mortgages will not be banned in the European mortgage directive after fears they could fall under proposals to ban bundled mortgage products. Last week, Mortgage Strategy revealed savings-linked mortgage deals such as Lloyds Banking Group’s Lend a Hand scheme are set to be banned by the European Union. The move could also impact other […]
One of the big changes made by lenders post-credit crisis was the removal of brokers’ ability to appoint valuers.
The UK Pensions Awards shine the light on excellence and recognise the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members. This year’s awards looked at advisers and providers across 31 different categories and were rigorously judged by a panel of senior […]