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Saffron teams up with Phoebus software

Saffron has implemented Phoebus Software for the origination and servicing of mortgage equity release loans.

Jon Hall, finance director of Saffron, says: “For us, choosing Phoebus Software was a straightforward decision. It is a widely respected package which fits closely with our business requirements. The flexibility of the Phoebus Software and team were key drivers in our decision making process. We look forward to a long and mutually beneficial working partnership.”

Robert Lintonbon, managing director of Phoebus Software’s, says: “We are very pleased to welcome ‘Saffron’ as a new Phoebus building society client. We are continuing to enjoy substantial interest in our range of products, especially from societies who wish to diversify their product range.

“Our in depth business knowledge, coupled with our ability to deliver innovative rental software, has led to the acquisition of a number of new clients. We look forward now to a long term partnership with Saffron.”


Chapter 11 and verse

BBC2’s Newsnight went for a new take on the financial crisis last week, inviting poet Murray Lachlan Young to come up with an ode to the credit crunch.

Praise for CML staff’s generosity

The Council of Mortgage Lenders has received an award from Workplace Giving UK in recognition of the generosity of director-general Michael Coogan and his team.

Empty words in Queen’s Speech

The Banking Bill and the Savings Gateway Accounts Bill were the two pieces of proposed legislation of interest to the financial sector outlined in the Queen’s Speech on December 2.

Regulator is accused of mishandling TCF

The Association of Independent Financial Advisers has accused the regulator of mishandling the Treating Customers Fairly initiative.

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


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