Mortgage Strategy
Natalie Holt Editorial
Natalie joined Money Marketing in June 2010 to cover protection, wraps and platforms, and technology, before moving to cover regulation and protection. She was previously senior reporter at Mortgage Strategy, after joining as reporter in 2008. Natalie won the Headlinemoney trade protection journalist of the year award for 2011, the Headlinemoney trade rising star of the year award for 2011, and the Protection Review protection journalist of the year award for 2011.
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FOS receives over 5,600 false PPI complaints
22 May 2012
99 per cent of “frivolous and vexatious” complaints were about missold PPI where no policy was in place.
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Lloyds and Co-op propose hybrid deal over branch sale
14 May 2012
Regulator has been presented with a deal which would see Co-op take over the 632 branches but with the network run by a Lloyds team.
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Ex-Bank deputy: less banker bashing and more growth
9 May 2012
Sir John Gieve says regulators need to concentrate more on the economic recovery and less on banker bonuses.
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Turner: More balance needed on Euro regulation
27 Apr 2012
FSA chairman will say it is essential to have the right mix of financial integration and national powers.
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FSA staff exodus gathers pace
19 Apr 2012
The FSA has seen a 30 per cent surge in the number of staff leaving ahead of the new twin peaks regulatory model.
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MoJ shut down over 700 claims firms last year
17 Apr 2012
Around one in five claims management companies had their authorisation cancelled by the Ministry of Justice in the year to March.
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L&G replaces MPPI with short-term income protection
17 Apr 2012
Lifestyle cover will provide a monthly benefit linked to customer’s income rather than a mortgage or loan.
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Lloyds announces nearly 1,000 job cuts
7 Feb 2012
Bank is closing its Romford, Newcastle and Scunthorpe site, with its Leeds site also impacted.
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Sants warns of 'tick box regulation' from Europe
6 Feb 2012
FSA chief executive believes European approach to regulation creates a ’bias to data’ which goes against individual risk assessment of firms.
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Turner: One page RBS report 'was a mistake'
31 Jan 2012
FSA chairman regrets not publishing a full report on its investigation into RBS at an earlier stage.
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Govt says FCA should consult on early warnings
27 Jan 2012
Financial Services Bill rejects FSA’s argument that it should not consult firms being investigated before publishing their details.
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Euro directive risks repossession rise
23 Jan 2012
Clause in capital requirements directive calls for EU loans to be treated as if in default at 90 days in arrears rather than UK’s 180 days.
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Half of FOS complaints come from claims firms
12 Jan 2012
Number of FOS cases from claims management companies has gone from 18 per cent in 2007 to 45 per cent last year.
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HSBC to cut 330 UK jobs
5 Dec 2011
Job losses are due to regional restructure of commercial banking and the “challenging economic environment”.
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FSA fines HSBC £10.5m over misselling to elderly customers
5 Dec 2011
Fine is largest ever retail fine over inappropriate investment advice provided by one of HSBC’s subsidiaries.
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BSA in plea to head off regulatory turf wars
28 Oct 2011
The BSA has stressed the importance of co-operation between the PRA and the FCA, saying the two bodies should not be fighting “turf wars”.
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ABI concern that MMR could put cover at risk
23 Sep 2011
Trade body warns move to a more intensive mortgage application process under the mortgage market review could hit protection sales.
