News

Advisers are starting to return to the UK commercial property market for the first time in two years as they believe the sector is bottoming out and they want to take advantage of the high yields on offer.

Gross mortgage lending rose 26% to £16bn in July compared to the previous month, according to the latest data from the Council of Mortgage Lenders (CML).

Positive Solutions is set to pair advisers with lawyers and accountants to give them access to more clients and says it may look to do the same with small private banks and foreign exchange dealers.

The Luxembourg-registered Guardian Permanent Income fund has attracted "considerable" support from IFAs ahead of its launch on 1 September, according to Guardian Managers.

The Association of Mortgage Intermediaries (AMI) has urged caution over "unnecessary regulation" which it believes is unlikely to have the desired effect on the UK market.

Mortgage rates have only fallen slightly despite record cuts in interest rates, according to research from moneysupermarket.com.

Christine Hallett, former Pointon York CEO, has unveiled her new pensions business, which will offer a range of products including a Simple and Full SIPP.

Global X Management Company has released the Global X FTSE Nordic 30 ETF, providing exposure to Sweden, Denmark, Finland and Norway.

Aviva has extended the time about 21,500 policyholders have to accept a special payment.

Arbuthnot Banking Group is unveiling its structured products arm on 10 September with the launch of an income product.