One of the founding directors of The Mortgage Times Group, Nags Rahman, is leaving to pursue personal business interests.Rahman has handed over all his responsibilities to the remaining three directors. The group has also announced the appointment of Kevin Morris as head of compliance. Morris joins from NHFA, part of the HSBC group, and will be responsible for all compliance matters across the group including its appointed representative offering. Mortgage Times has also appointed a financial controller whose name will be announced shortly. Christopher May, director at The Mortgage Times Group, says: “We have seen huge growth over the past few years and these changes are as a result of months of talks. The group will like to wish Nags the best of luck in the future. “We believe these additions to our management team will make our proposition a truly formidable one in the months to come.”
Bankhall has unveiled a new corporate identity at its annual sales conference in Monte Carlo the first change to its look since its launch in 1993.The introduction of a new corporate identity is one part of a major overhaul at Bankhall under the direction of chief executive Peter Mann. This has included a root and […]
Paul Niven, head of strategy at F&C Asset Management has commented on interest rates:“Rate expectations in the UK have been volatile so far this year. At the start of 2005 markets began to price in a rise in UK interest rates as likely, reflecting concerns of a reacceleration of domestic growth and inflationary pressures.“By the […]
Mortgage Club APS Europe is increasing the procuration fees payable to intermediaries across Platforms product range with immediate effect.Brokers submitting directly to Platform will now benefit from proc fees of up to 1.05% on non-conforming products.The conforming buy-to-let and self-certification ranges now pay 0.55% as do the near and almost prime products.Platforms on-line decision tool, […]
A massive 77% of readers back the Intermediary Mortgage Lenders Association’s call for a review of the Mortgages Conduct of Business rules. Despite the Financial Services Authority saying last week it has no plans to review MCOB, just 23% of Mortgage Strategy Online readers agree the rules should be left alone. IMLA chairman Tim Dawson […]
A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.
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