View more on these topics

RJ Temple launches lifeline to benefit clients and charity

IFA RJ Temple PLC has kicked off a campaign to save clients money and benefit the Southern Africa Crisis Appeal. The Lifeline campaign offers people a free quotation service for life assurance.

For each quote that is lower than the person&#39s current premium, RJ Temple will donate £10 to the charity appeal. Even if it cannot come up with a cheaper policy, the company will donate £2.

Ian Millward, marketing director at RJ Temple, says: “We are delighted to have come up with a way of supporting this appeal, which desperately needs help, while saving our clients hundreds or even thousands of pounds.”

Life assurance premiums have fallen by an average of 50% since 1994 and by 15% in just the past year. This means that anyone who took out a policy more than 12 months ago may now be able to make a saving.

Millward adds: “As well as these falls in rates, many people have policies that are uncompetitive. This is often the case with mortgage cover arranged by the lender. Because we are independent, we can seek out the best quotes on the market.

“Over the life of a mortgage, these two factors together could make a difference of several thousand pounds – which could be invested for a very useful nest-egg.”


PS106 set to unlock TEP market

The traded endowment market is expected to receive a major boost in September when FSA rules on client advice. Under policy statement 106, endowment policyholders seeking information on surrendering a policy will be made aware of the option to sell it from September 1. TEP outfit Surrenda-link estimates that a potential £15m in commission could […]

Scottish Life Mortgages ties up Bristol & West deal

Scottish Life Mortgages (SLM) has announced an exclusive 4.79% discount deal with £1,000 cashback through Bristol & West. The product is available up to 95% LTV at 1.16% below SVR for 48 months with no extended tie-ins. Steve Scholes, director of SLM, says: “Brokers want good discount deals with no extended tie-ins. The £1,000 cashback […]

Mortgages may come within compensation scheme

The FSA is considering whether to include firms that advise on or arrange mortgages within the Financial Services Compensation Scheme. In CP146, the FSA says “the extent of potential detriment to individuals arising from poor mortgage advice is not trivial”. The FSA seeks comment on the maximum amount of compensation that might apply, and the […]

Bradford & Bingley renews sourcing deal with Mortgage Brain

Bradford & Bingley plc has announced the renewal of their mortgage sourcing systems with Mortgage Brain. The Bradford & Bingley Group is the largest provider of independent financial and mortgage services in the UK, and houses both the MarketPlace and Charcol brands. Mortgage Brain has been reselected as the exclusive external mortgage sourcing engine following […]


News and expert analysis straight to your inbox

Sign up