Alternative Bridging Corporation has promoted Daniel Smith to the role of business development manager (BDM), covering the whole of the UK. He joined the firm as an internal BDM in May 2022, having previously holding roles at Vita Properties, RBS and The NatWest Group. Working with brokers across the country, he will help them to structure made-to-measure specialist property finance solutions for their clients. Alternative Bridging provides bridging loans, term loans and development finance to the property industry, business community and homeowners.

Tatton Investment Management Limited has announced that its managed portfolio service is now available through its P1 platform, making Tatton available through 19 investment platforms. The firm has said that being accessible on as many platforms as possible is essential in helping advisers to choose where to do business. The firm has also said that it has an agnostic approach to the providers it works with to give advisers the investment solutions they need to make their business more competitive and their offering more client centric, an approach shared by P1.

Gatehouse Bank has launched a new regular saver account, the first Shariah-compliant product of its kind in the UK. The account, which can be opened with a minimum deposit of £1, is available to all UK residents aged 18 and over but is especially well-suited to young people and those with smaller deposits. Customers can make monthly deposits of up to £300, which can be done through an unlimited number of transactions. The product comes with a variable expected profit rate of 7%, which is paid at the end of the term, meaning that customers will build up a savings fund regardless of how little they invest. Withdrawals are not permitted until the end of the term, after which the account will automatically roll over into a Gatehouse Bank easy access account.

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