The Financial Conduct Authority (FCA) has banned an equity release and mortgage adviser for making illegitimate transfers totalling £1m.
Kevin Allen was the sole shareholder of NMB, a mortgage intermediary, while holding controlled functions at another firm offering equity release mortgage products, New Life. Between 2009 and 2013, Allen...
Subject to FCA approval
To offer multiple products
For smaller and medium firms
Once-in-a-lifetime out, necessities in
New planner at Chartered firm
Defaults on 7 and 17 May
RLAM's Senior Fund Manager, Richard Marwood outlines the background to how investors fell ‘out of love’ with the UK market but points to positive signs of a recovery.