Author: Jordan

Coventry for intermediaries has reduced selected residential and buy-to-let rates by up to 0.12%. The lender said the new deals launch today, with cuts made across a number of owner-occupier and buy-to-let products. Residential rates have been reduced by up to 12bps, while buy-to-let rates have been cut by up to 10bps. A number of the products are aimed at first-time buyers and include £500 cashback. Among the changes is a two-year fixed rate at 5.24% to 30 November 2028, available up to 90% loan-to-value with no fee. The product is available to first-time buyers and comes with £500 cashback.…

If all goes to plan, Heartland Group’s purchase of TSB Bank will result in home loans becoming 44% of the combined group’s $15.1 billion of gross receivables and 54% of the New Zealand bank’s gross receivables, according to the proforma inflation Heartland has provided. Tuesday, June 2nd 2026, 3:25PM by Jenny Ruth The merged bank will be renamed TSB Heartland Bank and it will have the sixth largest mortgage book in New Zealand after Kiwibank’s $31.36 billion book. Heartland had tried to create its own home loan portfolio in March 2020 with an online only and owner-occupier only offering but…

Magic: The Gathering players have a refined concept of “cute” — one that includes parasitic, shapeshifting creatures that can ravage entire ecosystems. Old and new aficionados of the popular trading card game know that I’m talking about slivers, the creature type introduced in Tempest, 1997’s MTG expansion set. Slivers have always been a popular creature type and a staple of tribal decks, thanks to their trademark mechanic that allows each sliver to share its abilities with the rest of the brood. Now, after a long absence, slivers are back in MTG’s newest set, Edge of Eternities. Sort of. Players hoping…

The following is an email from Bilt Founder & CEO Ankur Jain to Bilt Members.Over the past few days, I’ve spent a lot of time reading our members’ emails, DMs, and notes. Many were thoughtful and passionate. Some were frustrated. All were fair.I feel incredibly lucky to lead a company with members who care this deeply. On one hand, there have been record applications for the cards, and I’m excited for members to get them. However, I’ve also seen real and reasonable confusion about the new value proposition—especially around rent and mortgage points. That’s on me, and we’re fixing it.Let…

Realtors of The Platinum Group 2026 Leader Publications Source link

A Woolworths shopper is the latest victim of the Apple gift card tampering issue impacting supermarket shoppers.Writing on Reddit’s ‘Woolworths’ thread, the customer reported that upon opening their gift card at home, information needed to redeem it had been removed.A Woolies shopper discovered the Apple gift card they bought in-store had been tampered with. Reddit/Woolworths“Bought four Apple gift cards from Woolworths North Melbourne today as part of the 20x rewards points promo,” they wrote.“Three of them had their redemption numbers and part of their serial numbers completely removed/scratched off. External packaging was undamaged. “Opened two at home, realised and then went…

Gibraltar Business Capital (GBC) closed a $12.5 million senior secured revolving credit facility for Sharebite, an enterprise meal benefits platform headquartered in New York. The new facility refinances Sharebite’s existing credit facility and provides additional working capital flexibility to support the company’s continued growth, technology investments and innovation initiatives. GBC understood the dynamics of Sharebite’s business, including the nuances of its technology-driven billing cycles and high-quality enterprise receivables, and crafted a customized facility aligned to the company’s needs. “As Sharebite continues to scale, we wanted a partner that understood the quality of our enterprise receivables and the operating dynamics of…

The Church Commissioners for England, manager of the Church of England’s endowment fund, reported an 8% return in 2025, spurred by a nearly 14% gain by its public equites portfolio, raising the endowment’s asset value to £11.6 billion ($15.6 billion).  It was the 17th consecutive year of positive returns for the endowment, which has also generated an 8.6% annualized return over the past 10 years. The endowment provides financial support for the church’s mission and ministry, and it contributes approximately 20% of the total annual running costs of the Church of England.“Achieving an 8% return, above our long-term target, was…

The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has fired back at the Minister of the Federal Capital Territory, FCT, Nyesom Wike, over Wike’s recent remark on Atiku not getting 10% of votes in the next year’s general elections. In a statement by his Senior Special Assistant on Public Communication, Phrank Shaibu, the former Vice President said the electorate in Rivers State is intelligent enough to decide the outcome of elections in the state. He stated that no individual, regardless of influence or access to federal power, can dictate how an entire state will vote. DAILY POST reports that…

Process-based framework would help align workplace retirement plans with strategies long used by pensions and institutional investors WASHINGTON, June 1, 2026 /PRNewswire/ — The Institute for Portfolio Alternatives (IPA) today submitted formal comments supporting the Department of Labor’s proposed regulation, “Fiduciary Duties in Selecting Designated Investment Alternatives,” which would establish a principles-based fiduciary framework for defined contribution retirement plans and expand access to professionally managed alternative investment strategies. “The proposed framework recognizes how modern diversified portfolios are constructed and gives fiduciaries greater clarity to evaluate investment strategies based on long-term participant outcomes,” said Anya Coverman, President and CEO of the…