A report from Defaqto reveals that the rapid growth of the equity release market is set to continue, driven by changing customer needs and better product design.But a lack of qualified advisers and solicitors is constraining the sector’s potential, the report adds. Market predictions are for new equity release business to nearly double to 2.8bn by 2008, up from an estimated 1.4bn this year.
Classic Network Solutions is offering a fully integrated version of MortgageStream Case Management Software to all of its members. Classic users are now able to import and export client data and documents to and from their Home Buyer Mortgage Sourcing and Compliance software into MortgageStream. Classics members will utilise MortgageStream to facilitate case processing and […]
The Association of Independent Financial Advisers has welcomed the Financial Services Authority’s promise not to judge financial firms retrospectively. At the Personal Investment Marketing conference, Stephen Bland, director of small firms at the FSA, told delegates it will not take action against firms for mis-selling after the event, provided they meet its requirements under its […]
West Brom for Intermediaries, the specialist broker lending arm of the West Bromwich, has presented Robin Mazumder of Blue Horse Finance in Sutton Coldfield, with an iPod. Mazumder was among the first brokers to submit an application to its recently launched website www.westbromforintermediaries.co.uk.
em- has revealed that five key lenders have been secured as affiliate sponsors for the upcoming em-invitational 2006 golf day in association with GMAC-RFC. Rooftop, Kensington, First National, Mortgages plc and Future are all hoping that their participation as affiliate sponsors for this years event will help to raise even more for the four selected […]
By Jim Grant, Senior Product Insight & Technical Support Analyst Transfers from defined benefit (DB) schemes are a bit of a hot topic just now. In this article we look at a couple of factors that could prevent a transfer from happening Equalisation of pensions Prior to the Barber case in 1990, DB pension schemes typically provided […]
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