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First-Time Buyers: Only 25% Choose 100% Mortgages

Skipton Building Society has sparked a wave of market reinvention and may pave the way for other providers. Before deciding on a mortgage, there are many factors to consider and it is important to take advice from industry experts to ensure you make the best decision for your situation.

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Introducing Sam Patterson: Paraplanner Club’s Mentor Master

The Paraplanner Club, founded by Sian Davies Cole and Chloe Phillips in 2020, has already made an impact in the UK paraplanning industry. With the addition of Sam Patterson as the new Director of Mentoring, the Club intends to expand its resources and provide invaluable support and guidance to paraplanners. Sam is well-versed in the financial services industry and contributes a wealth of experience. He is dedicated to developing the paraplanning profession, providing a platform for members, and will ensure The Paraplanner Club continues to be a leading provider of paraplanner mentorship and educational resources.

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Cyber Security Soars with Digital Advances

The need for digital identity security is greater than ever, and has heavily impacted the global markets of fraud detection and cyber security software development. Market size of both industries is predicted to reach $30.91 billion and $150.42 billion by 2025, respectively. Fraud detection methods such as continuous monitoring, transaction monitoring, identity verification and counterparty verification are being utilized to prevent digital crime, however, human analysts and skilled investigators cannot be replaced. In order to protect our identities and keep data safe, implementing a well-rounded approach of software and human-based solutions is necessary.

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Anticipate Stagflation, Not Deflation: Plan Wisely

Inflation appears to be a mounting concern this week as the US CPI data is due on tomorrow. Central bankers expect inflation to stay elevated, while ECB Chief Christine Lagarde has warned it could surge in the next six months. Not only will this cause mounting pressure for the US and Europe, but global trade may suffer due to higher inflation, making the economic recovery even harder for other economies. The volatility of markets and market movements will therefore continue, making it difficult for most to invest but potentially rewarding for others.

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B&G Investors Demand Repayment Aid

For 3 years, Basset & Gold customers have been stuck in limbo with their compensation claims unanswered by Gallium Fund Solutions. In 2017 B&G went into administration leaving customers vulnerable and facing significant losses. The Financial Ombudsman Service found in favor of the B&G investors, however Gallium Fund still has not made restitution and their customers don't have protection under the Financial Services Compensation Scheme. This continuing inaction has outraged some of their customers who still cannot plan for future investments. It is certain that the process has taken far too long and there is a call for resolution ahead of April 1st. Until then, uncertainty remains for B&G customers as they wait to see what restitution Gallium Fund will offer.

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