The Financial Services Consumer Panel has called for the FSA to address speedily the detriment and potential harm being faced by 'mortgage prisoners' - people trapped in an existing mortgage, perhaps due to a high loan-to-value, negative equity, inability to exit a fixed term deal or by the severe contraction in the interest-only market. Read more ...

Tagged under #FSA #Financial Services Consumet Panel #mortgage prisoners

Perspective Financial Group, the national financial advisory group, has today announced its second acquisition of 2012 with the purchase of advisory practice, Financial Connection. Read more ...

Tagged under #Perspective #Jackie LeeLis

AXA has announced today an agreement to sell Bluefin's employee benefits consulting business, Bluefin Corporate Consulting ("BCC"), to Capita plc for a cash consideration of £50 million on a "cash-free, debt-free basis." Read more ...

Tagged under #AXA #Bluefin Corporate Consulting

The majority of advisers are looking to increase their use of model portfolios and risk-rated funds as a result of the Retail Distribution Review (RDR), according to research from Skandia Investment Group*. Read more ...

Tagged under #RDR #Skandia #model portfolios

Applications are now being accepted for the Institute of Financial Planning’s prestigious David Norton Award.

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Tagged under #IFP #Fiscal Engineers #Financial Planning #David Norton

Today is the final day for investors to make the most of their ISA allowance and marks the end of the 2011/12 tax year.

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Tagged under #Isa #tax year

The Financial Services Compensation Scheme has forecast it will need a further £38.3m to cover victims of CF Arch Cru.

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Tagged under #FSCS #Arch Cru

Shane Mullins, managing director of Fiscal Engineers, has given advice to companies considering entering the David Norton award.

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Tagged under #IFP #Fiscal Engineers #David Norton #Shane Mullins

MFP Wealth Management has appointed Kathy Roe as marketing director for the firm.

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Tagged under #Financial Planning #MFP Wealth Management #Justin King #life planning

The Bank of England has maintained the base rate at 0.5 per cent and kept the size of the asset purchase programme at £325bn.

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Tagged under #Bank of England #Base Rate #QE