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Changes at the top for Egg

Online bank Egg’s chief executive Paul Gratton has stepped down from his post and will leave the bank on February 20 following Egg’s delisting from the London Stock Exchange.

Mark Nancarrow has been appointed CEO and Kieran Coleman has been appointed chief financial officer.

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Warn clients that property prices can and do decline

From Terry Elwick Am I the only person worried about our industry’s headlong rush to find ways of ‘helping’ the first-time buyer get on the property ladder and the easing of criteria in the buy-to-let market? I’m sure in a few years time we will be attacked for poor advice by the media, hit for […]

PMS completions hit 30.5bn

Premier Mortgage Services says the total value of its mortgage completions rose from 26.8bn in 2004 to 30.5bn in 2005. The mortgage club, which successfully integrated with Norwich Union Mortgage Club, increased its applications from 29.5bn in 2004 to 38.5bn in 2005, and believes it will continue to do well throughout this year thanks to […]

Treasury appoints Greenspan as adviser to the chancellor

The Treasury has revealed Dr Alan Greenspan KBE has agreed to be honorary adviser to the chancellor of the exchequer Gordon Brown.Greenspan will advise the chancellor on issues relating to global economic change.Brown says: “I am delighted Dr Greenspan has agreed to be honorary adviser. His advice on issues relating to global economic change will […]

IFS exams can be booked online

Advisers studying for Institute of Financial Services professional qualifications can now book their exams online at a location and time that suits them. The service went live at the beginning of the month and now extends to all of the regulatory qualifications suite including, The Certificate in Mortgage Advice and Practice, The Certificate for Financial […]

Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]

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