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Elephant Loans cuts costs

Elephant Loans & Mortgages has unveiled a number of cost savings to free up £100,000 per year. Its mortgage business Elephant Loans Direct will become an appointed representative of FT Partners Network and Elephant Loans will no longer undertake regulated activities.

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Malone speaks out about PMS decision

John Malone, managing director at PMS has spoken out about why he decided to stay with the mortgage club, citing current market conditions as his main reason for staying.Malone says: “I thought things would be pretty awful this year, but even I didn’t expect the seriousness of the situation. It was felt because I had […]

Sesame offers consumer equity release guide

Sesame has created a consumer guide to help advisers provide the facts about equity release to their clients. The guide has been produced to ensure that financial advisers and their clients have the information they need before making any decisions, which is particularly important in a complex and emotive area such as equity release.Equity release […]

Recruitment fell last year

Financial services recruitment has fallen, with 22% of employers saying candidates lack the right qualifications, according to CII Group.

Market frets over the next Bear Stearn

The sale of Bear Stearns to JP Morgan Chase has been described as the US’ Northern Rock but this underestimates its significance. The sheer size of Bear Stearns sets it apart.

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