-
1 week ago | 
moneymarketing.co.uk | Amanda Newman Smith |Darius McQuaid |Andy Curran |Nita Patel
The word ‘disappointed’ appeared frequently in response to UK financial regulators’ joint decision in March to not take forward diversity, equity and inclusion (DE&I) proposals that had been under consultation since 2023. It was hard to not look ‘across the pond’ at US president Donald Trump’s dismantling of DE&I initiatives and wonder if a similar sentiment was brewing in the UK.
-
1 week ago | 
mortgagestrategy.co.uk | Roger Baird |Nita Patel
Average monthly private rents lifted by 7% to £1,339 on average in the year to May, according to official data, down from 7.4% in April. Across the nation, rents rose 7.1% to £1,394 in England, were up 8.5% to £799 in Wales, and were 4.5% higher to £999 in Scotland in the 12 months to May. Tenant housing costs rose 7.7% to £848 in Northern Ireland in the period, the Office for National Statistics data shows.
-
1 week ago | 
mortgagestrategy.co.uk | Nita Patel |Roger Baird
If you’ve travelled into Birmingham’s New Street station, you must have noticed the HS2 development work taking place. It’s fascinating to watch and I’m amazed by the number of workers on site. On my last trip, I started wondering where they live. Some will be local, but many will be from outside the area, which begs the question – where do they stay? Consider the scenario, a nearby business owner, let’s say Rosie’s Coffee Shop, is approached by workers asking if she knows of accommodation.
-
2 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Nita Patel
Good morning and welcome to your Morning Briefing for Tuesday 10 June 2025. To get this in your inbox every morning click here. Tailored MPS gains momentumThe level of assets in tailored model portfolio service (MPS) arrangements has hit 17% of total platform MPS assets under management, Platforum has revealed.
-
4 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Nita Patel
Shepherds Friendly paid out 96% of all income protection claims last year, a slight increase on its five-year average of 95%. Musculoskeletal conditions represented more than half of new claims received during the year, accounting for 55.8% of new claims decided during the year. The next most common causes for new claims were chest/lung/nose/throat conditions at 6.9%, with heart conditions responsible for the same percentage of claims.
-
1 month ago | 
moneymarketing.co.uk | Ian McKenna |ian mckenna |Momodou Musa Touray |Kimberley Dondo |Nita Patel
Legal & General recently issued a series of announcements about their critical illness and income protection contracts. Yet the most significant benefits update for advisers was missing from the press release: the withdrawal of fracture cover — not only for new policies but also for existing ones. This follows their quiet removal of the private diagnosis option last autumn, marking the second such change in six months.
-
1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |Kimberley Dondo |Darius McQuaid |Nita Patel
The UK platform market recorded its strongest net sales in three years in Q1 2025, shrugging off stock market turbulence and geopolitical uncertainty. According to the latest figures from consultancy Fundscape, total platform assets held steady at £1.1 trillion, with £687bn on adviser platforms. This stability came despite volatile market conditions and would have registered a decline were it not for Nucleus’s acquisition of around £7bn in assets from Third Financial.
-
1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Momodou Musa Touray |Nita Patel
Just under half (48%) of mid-retirees aged 65-75 who do not pay for financial advice are confident they are on track to make their private pension savings last for life. This is according to the report Retirement Reality: Managing money in mid-retirement from Aviva and Age UK. Over a quarter (26%) reported feeling financially secure, with women (19%) feeling less financially secure than men (32%).
-
1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |Dan Cooper |Nita Patel
Good morning and welcome to your Morning Briefing for Friday 2 May 2025. To get this in your inbox every morning click here. Wellesley & Co enters administrationWellesley & Co Limited (WCL), the only Financial Conduct Authority-regulated entity within the Wellesley Group, has entered administration. Damian Webb, Stephanie Sutton, and Jack Plunkett of RSM UK Restructuring Advisory LLP were appointed as joint administrators on 30 April.
-
1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |David Boyhan |Nita Patel
Canaccord Genuity Wealth Management has rebranded as Canaccord Wealth as part of a strategic move to bolster its wealth management offering in the UK. The rebrand includes a refreshed logo, a new colour palette and a proprietary modern typeface — all designed to reflect the firm’s evolving identity. A newly launched website also features enhanced functionality, aiming to make it easier for clients to access services and information.
