News

Mark Williams, former head of finance at Skandia UK's now-defunct Business Unit, is set to rejoin his former boss Brett Williams at Cofunds as finance director.

Investors in the stricken Arch cru range face a further six to eight weeks wait to find out the value of the funds' assets.

Customers can now earn Nectar points for buying Sainsbury's financial services products.

Personal Touch and Tenet will both add significantly to their adviser numbers after impressing at roadshows arranged for in-limbo Park Row IFAs last week.

Legal & General (L&G) says it is now making immediate decisions on 90% of protection applications referred to its 'little t' tele-underwriting unit.

Cofunds founder Andy Creak and finance director Andrew Harris are leaving the platform.

The FSA has banned East London based mortgage broker, Ayodele Olubunmi Thomas, for knowingly submitting false and misleading information about his income to obtain mortgages and loan advances.

Remortgaging has declined by 57% since August 2008 due to restrictive lending criteria and the extremely low interest rate environment, according to the latest data from the Council of Mortgage Lenders (CML).

The FTSE 100 benchmark index shot to its highest level since the day Lehman Brothers filed for bankruptcy last year.

Asset manager and financial planner Ashcourt has announced it is merging with Rowan and Company Capital Management.