News in brief – 18 July 2023

Just Wealth has announced that it is today hosting a full day of financial advice surgeries for Just Mortgages staff. Taking place at the Just Mortgages’ Colchester head office, staff will be able to speak to Just Wealth financial advisers in private about their personal financial concerns and objectives, including pensions and investments, savings, ISAs and wills. The day will also include a presentation by Just Wealth, which will explore what financial advice is.

Standard Life has announced the winners of its second Innovation Forum. InvestSuite and The Joy Club emerged as the winners, having been chosen from a group of more than a dozen applicants. The forum brief focused on uncovering new ideas to engage people with their pensions and the ways in which they are invested. InvestSuite presented its ‘StoryTeller’ reporting tool, which clearly displays the environmental impact of investments, including measuring the carbon dioxide intensity of a portfolio against a benchmark, with The Joy Club providing an online community for retirees to connect, learn new skills and develop their existing talents.

Spring Finance has announced changes to its second charge product range, with enhancements that include a lifetime tracker product, a two-year fixed rate and a new buy-to-let (BTL) plan. The specialist lender has also simplified its eligibility criteria, making it easier to place business with Spring, as well as improve its terms for hometrack and driveby valuations. Director of mortgages, Shelley Stern, said that she believes the changes will improve Spring’s proposition to both their intermediary partners and consumers. “These changes follow recent improvements made to our application requirements and further reflects our ongoing commitment to simplify the application process and enhance our service,” she said.

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