View more on these topics

NatWest hits the phones

NatWest has launched an intermediary direct telephone application service.

The service is currently being used by 60 pre-selected intermediaries throughout the country, enabling brokers to inform the bank of the client&#39s details over the phone and receive an initial decision-in-principle. A fully completed application form is then sent to the client or the broker for signature David Broadhead, head of sales at NatWest, says: “We decided to go with a small number of selected brokers to start with in order to test the system and we are delighted with the results, as are our customers.

“It saves the broker time when completing the application ensuring that all the required information is collected at the first opportunity, it also has the added benefit of a quick response time.”

Recommended

L&G revamps online IFA centre

Legal & General has given its IFA Centre extranet a major facelift to simplify the navigation and make the site far easier to use.Legal & General has introduced a tiered access approach enabling all IFAs to reach a range of general information and product literature when they first visit IFA Centre. Logging on will only […]

L&G warns advisers dangers of regulation

Mortgage advisers were yesterday warned that the significant changes facing the industry will strain their businesses or sink them unless they gear up now. Mortgage regulation, general insurance regulation, margin pressures and Sellers Packs are just some of the major upheavals due to impact the housing industry within the next few years. Unless mortgage advisers […]

BMS counts benefits of MPPI

Birmingham Midshires Solutions is urging consumers to take mortgage payment protection insurance to safeguard against accident, sickness or unemployment. Figures from the CML show that only 31% of Britons have insured their mortgage payments against the worst happening. The BMS campaign involves flagging up the benefits of MPPI. These include protected mortgage payments if borrowers […]

Honorary Doctorate for financial mastermind Martin Ritchley

Coventry University is conferring Martin Ritchley, one of the most influential men in the City of Coventry and the building societies world, with an Honorary Doctor of Business Administration. The award is conferred in Coventry Cathedral at 2.30pm on Friday this week for his outstanding contributions to the Building Societies industry and to the local […]

Retirement - thumbnail

(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.

Newsletter

News and expert analysis straight to your inbox

Sign up