Technology business IRESS has released a new client portal for the use of mortgage intermediaries following a successful trial period. The client portal, aimed at XPLAN Mortgage users, allows for two-way sharing of documents, the electronic signing of documents and a choice of website design templates so that businesses can insert their own branding on […]
Mortgage Strategy has canvassed the opinion of a number of industry experts regarding what will happen to interest rates in 2019. Inevitably, the coming 12 months are trickier to predict than other years as we’re yet to find out what kind of deal, if any, the UK will leave the EU with. This has led to […]
ClearScore has released a tool that reportedly allows customers to compare remortgage offers in 15 seconds. The credit scoring company says that the standard way of comparing remortgage deals results in 25 per cent of homeowners failing to remortgage. It adds that 17 per cent of homeowners believe that switching to a new mortgage is […]
Key Retirement Group has appointed Russell Warwick (pictured) to the newly created role of distribution strategy director. Warwick, who previously held positions at Primetime Retirement, a brand within Key Retirement Group and Prudential UK, has over 26 years’ industry experience. Among his duties, Warwick will concentrate on the development of the firm’s distribution strategy. Key […]
Well, the cricket season is here, and England and Australia are stepping up to the wicket. Although we compete with each other in the sporting world, when it comes to pensions, Australia’s pension programme is held up as a model for our auto-enrolment initiative. Auto-enrolment was introduced because people weren’t saving enough into their pensions, and it is still early days but signs are positive. However, in Australia, saving into a pension is compulsory, and in fact employers are the ones who have to pay in. Employees in Australia can make additional contributions into their pensions, but they don’t have to. Should the onus be on the employer or employee to save? Well in the UK we think it’s both, but to get ‘adequate’ savings for retirement it’s the employee who has to pay more in.
News and expert analysis straight to your inboxSign up