View more on these topics

Squirrel Finance Management and James & Co join forces

Squirrel Financial Management and James & Co have merged to take advantage of changes in the personal finance industry.

The two Midlands based IFAs say by joining up they will create additional jobs as well increase stability for the company&#39s combined work force.

Advisers Jim Higgins, Phil Morgan and Andrew Fearne, of James & Co, will continue to operate from the company&#39s Waverley Court offices, while administration will be focused at the Squirrel Group offices in Mere Green.

Jim Higgins, director of James & Co, says: “Any changes will be relatively seamless as far as clients are concerned. Joining forces with the Squirrel Group will bring significant advantages to both companies.

“The trend is very much towards &#39strength and security in numbers&#39, so for James & Co the merger with another, larger, firm represents a logical step forward. ”

Ian Bascombe, director of Squirrel Financial Management, says: “The company has expanded substantially since it was formed and it has recently added Secure Mortgages and SQ2 Mortgage Packaging to the group as it develops and grows.

” It currently has 40 staff within the group and with direct FSA authorisation, is well placed to continue growth and development in 2004 and beyond.”


Second charge boom predicted

The mortgage market could see a proliferation of second charge loans arranged by brokers come regulation, warns BM Solutions. Speaking at the Mortgage Expo seminar on non-conforming loans, Michael Bolton, director of mortgages at BM Solutions, said this increase might come about as brokers will not have to disclose procuration fees on the deals when […]

Advantage packs 20,000 shoe boxes for Romania and Bosnia

Staff at Advantage Mortgage Services near Chester are pacing 20,000 shoebox gifts to send to orphans in Romania and Bosnia. The boxes collected from children across the UK will be sent out in two giant trucks in time for Christmas, filled with sweets, toiletries, toys and messages of love. Simon Maudslay, director at Advantage, says: […]

MX takes over as top buy-to-let lender

Mortgage Express has toppled Birmingham Midshires to become the top buy-to-let lender for new business in the first half of 2003. While Mortgage Express has been number one for outstanding balances for the past two years, figures published by the CML show it now to have overtaken BM in gross advances – in which BM […]

CBI raises forecast for economic growth

The CBI has raised its forecast for economic growth, saying it is more confident that a global recovery is now taking hold. However it warned that growth would still not meet Treasury forecasts with shortfalls in revenue keeping government borrowing high. Its Quarterly Economic Forecast predicts UK growth will average 2% in 2003, up by […]

What triggers the MPAA?

Jim Grant – Senior Product Insight & Technical Support Analyst There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA. The money purchase annual allowance (MPAA) is a reduced annual allowance that can apply to contributions to defined contribution (DC) schemes. The following table […]


News and expert analysis straight to your inbox

Sign up