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MoneyMarketing 05/26/2020 06:57
The Financial Services Compensation Scheme has received more than 2,000 claims against collapsed Sipp providers Berkeley Burke and Liberty Sipp. New figures given to Money Marketing provide a breakdown of how many claims have been received and settled so far. The majority of claims in both cases concern other pensions advice. Berkeley Burke Sipp Administration […]. .
MoneyMarketing 05/26/2020 03:54
Industry experts say that property funds frozen in the wake of the coronavirus crisis could stay shuttered for many more months, as the outlook for the sector remains unclear. While the government has allowed the housing market to restart, low transaction volumes and an uncertain future for retail and commercial space means that valuations are […]. .
MoneyMarketing 05/23/2020 04:25
SJP’s annual conference is always star-studded affair, shelling out tens of thousands on famous sports stars and politicians to speak. Earlier this week, the advice giant had to conduct it virtually for the first time ever. Money Marketing has acquired chief executive Andrew Croft’s speech from that conference. The full text is below: Good afternoon […]. .
MoneyMarketing 05/22/2020 11:13
Having £100bn in assets and strong profits has left St James’s Place in a “fortunate” position to weather the coronavirus crisis, according to the firm’s chief executive. The wealth management giant hosted a three-day virtual partner conference this week, with some 1,000 of its advisers attending. In his keynote address, seen by Money Marketing, Andrew […]. .
MoneyMarketing 05/22/2020 04:07
Good morning and welcome to your Morning Briefing for Friday, 22 May, 2020. To get this in your inbox every morning click here. Berkeley Burke appeal could have cost up to £300,000 A collapsed Sipp provider’s efforts to contest a Financial Ombudsman Service ruling could have cost between £200,000 and £300,000, according to estimates from administrators […]. .
MoneyMarketing 05/22/2020 03:31
Humans are not always the most rational of creatures. We all come with our behavioural biases and these can affect how we make decisions, including financial ones. More than likely, we’re not directly aware that the way we are programmed to think is prompting how we act in certain situations. We are often steered by […]. .
MoneyMarketing 05/22/2020 03:30
The FCA proposes to extend mortgage holidays for customers who are struggling to pay because of the coronavirus crisis. Customers yet to request a payment holiday will have until 31 October to do so under the proposals. And for those still experiencing temporary payment difficulties, lenders should “continue to offer support”, the regulator outlined this […]. .
MoneyMarketing 05/22/2020 03:28
Berkeley Burke’s appeal could have cost between £200,000 and £300,000, according to estimates from administrators RSM. The collapsed Sipp provider was contesting a Financial Ombudsman Service ruling. But it gave up the fight in October 2019 to focus on its “primary responsibility toward the company’s creditors”. In an update on Companies House the administrators provide more […]. .

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