News

Borrowers hit by the Bank of Ireland (BoI) rate rise could take legal action against the intermediary who sold them the mortgage, according to the Financial Conduct Authority (FCA).

Somerset-based Stafford House Investments (SHI) has completed its acquisition of the financial advisory business of AC Mole & Sons.

Rob Thorpe has joined Sarasin & Partners as head of retail as the group recruits three former Cazenove sales managers to its enlarged team.

The National Employment Savings Trust (NEST) has picked Legal & General Investment Management to run two real estate mandates.

AXA Wealth and Architas have become joint lead corporate members of the Institute of Financial Planning (IFP) for the twelve month period from 1 July 2013.

Litigation lawyers Harcus Sinclair have written to Capita Financial Managers Limited (CFML) notifying them of a claim against them in respect of a number of ‘sample' Arch Cru clients.

David Johnson, the man credited with creating the specialist mortgage lending market in the UK and an industry veteran of 40 years, has died aged 67.

The Chancellor George Osborne is to back proposals for harsher punishments for bankers who act recklessly and are considered at least partly responsible for the collapse of financial institutions.

A ‘mansion tax' on all homes worth more than £2m would cost the owners as much as £36,000 a year on average, according to Whitehall analysis.

Financial advisory group and consolidator Perspective Financial is seeking admission to float on the Alternative Investment Market (AIM) stock exchange in a move it says will raise gross proceeds of £28m.