A former Legal & General (L&G) adviser who worked for the firm for 18 years is awaiting sentencing after he stole £465,000 from an elderly couple.
The network’s new advisers will be compelled to either provide proof of their own income protection (IP) policy or their reasons for not having one.
City analysts predicted amendments to the Stamp Duty system would have a significantly positive impact on the estate agents financial results, also published this week.
Emma Lunn asks brokers whether the surge in new lenders joining the market in recent months is having a positive effect on the industry and consumer behaviour.
The chief executive of the Chartered Institute for Securities & Investment describes the action handed to former BlackRock executive Jonathan Burrows as ‘draconian’ after he was handed a lifetime ban for avoiding train fares for five years.
Here’s some more you may have missed:
Emma Lunn explores what constitutes self-employed under a lender’s underwriting policy and investigates where there is room for improvement.
The Financial Conduct Authority offers guidance on the risks rising from character-limited messages and retweets on social media.
Mortgages continue to be the financial product most at risk of fraud. Research shows 84 in every 10,000 mortgage cases had some form of fraud in the last quarter of 2014.
Mortgage broking business at Foxtons through adviser firm Alexander Hall jumped by 26.8% to £6.3m in 2014, despite recording a drop in sales volumes of 3.7%.
Two-thirds of brokers (66%) expect a significant uptake in the amount of landlords joining the buy-to-let market following the pension reforms in April, a Mortgage Solutions poll reveals.