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News

uncategorised

Three things we learned this week

Retirement Planner's round-up of this week's key news stories...

clock 15 June 2011 •

uncategorised

Weird world: the week's oddest pensions news

It's our quick-fire round-up of the stangest retirement and pensions news this week...

clock 15 June 2011 •

Economics / Markets

Bank shares tumble on ring fencing talk

Shares in major UK banks have plunged following reports Chancellor George Osborne will force lenders to ring fence their retail arms.

clock 15 June 2011 •

Mortgages

Convicted £50m mortgage fraudster to appeal

Former chartered surveyor Ian McGarry, jailed yesterday for seven years for his part in a £50m mortgage fraud, is to appeal the sentence, which his solicitor branded as "manifestly excessive".

clock 15 June 2011 •

Equity Release

Partnership launches impaired life equity release product

Partnership has launched an equity release product offering better rates for those suffering from conditions such as diabetes or cancer.

clock 15 June 2011 •

Mortgages

Call for FSA to probe lenders over survey advice

The FSA has been urged by the Council of the Residential Property Surveyors Association (RPSA) to investigate lenders for failing to advise borrowers they must obtain their own housing survey.

clock 15 June 2011 •

Regulation

FSA voices concerns over European legislation

The FSA has raised concerns over the implementation of key European directives including MiFID and the proposed regime for packaged retail investment products (PRIPs).

clock 15 June 2011 •

Regulation

FSA authorisations director resigns

Graeme Ashley-Fenn, head of the authorisations division at the FSA, has left the regulator for personal reasons.

clock 15 June 2011 •

Your profession

Aviva confirms McFarlane will be chairman

John McFarlane, previously CEO of Australian banking giant ANZ, is being lined up to replace Lord Sharman of Redlynch as chairman of Aviva in June next year.

clock 15 June 2011 •

Your profession

Lighthouse wins advice contract with Midlands accountants

LighthouseCarrwood, a subsidiary of Lighthouse Group which provides financial planning services to professional practices, has been appointed by Dains Chartered Accountants to provide independent advice to its clients.

clock 15 June 2011 •
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