Insurance giant Aviva has written to its equity release customers informing them that they will have to pay higher charges if they want to make changes to their mortgages in the future.
The new charges – which in some cases are more than double previous fees – will apply from mid-August. In a letter sent to all of its equity release customers, Aviva said the higher fees reflect our reasonable costs for administering your lifetime mortgage . The interest rate that planholders pay on their borrowings will remain unchanged.
Lifetime mortgages are taken out by people over the age of 55 who want to release a slice of equity from the value of their home to bolster their finances. Unlike a traditional home loan, borrowers do not pay monthly interest.
Accounting giant PwC is to allow its employees paid time off for fertility treatment, The Mail on Sunday can reveal.
The big four auditor is rolling out a new policy next month that will give employees eight days of annual paid leave for fertility consultations and appointments.
Any employee whose partner is having fertility treatment will be allowed two days off to provide support. Sally Cosgrove, a partner at PwC, said: One of the things that is common to a lot of people going through this experience is that it can feel very lonely.
Sign of the times: The big four auditor is rolling out a new policy next month that will give employees eight days of annual paid leave for fertility consultations and appointments
Francke has warned that Britain s Covid recovery is at risk without Government intervention to get women into fast-growing industries, and introducing legislation enshrining the right to flexible working.
The Government has held private talks over plans to channel tens of billions of pounds of pension money into infrastructure and start-up companies to boost the economic bounceback.
The Mail on Sunday can reveal that Treasury officials have met with senior figures in the pensions industry over the controversial scheme that would unlock some of the UK s £2.2trillion retirement pots and parcel it out to fast-growing businesses, transport projects, real estate and carbon-friendly investments.
Industry sources said the Government and regulators had discussed how a portion of workplace pension schemes – those which staff are compelled to join – would go into a fund set for launch this year.
In the wake of her win, Gabbidon, 28, expanded her swimwear and fashion brand, Sian Marie, with the financial backing of Lord Sugar. That year was the best of her life financially.