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Alliance & Leicester approved to issue covered bonds

Alliance & Leicester has been approved to issue up to around £8bn in covered bonds.

The bank has never had a covered bond programme before but has for years expressed interest in developing one as an investment tool.
A spokesman from A&L said: “We’ve always felt the covered bonds market could provide flexibility and now have a programme in place to take advantage of it.”


Overseas danger

Customers buying overseas aren’t protected by regulation so brokers must refer them to specialists to shield them from a variety of dangers, says Jane Ayliff

TMW pulls entire range

The Mortgage Works has pulled its entire product line from 5pm today.

Advice or guidance? That is the question

The Retail Distribution Review (RDR) brought many benefits to the UK pension industry, but it also created an advice gap, resulting in consumers with the smallest funds struggling to access advice at a suitable price By Justin Corliss, Business Development Manager The Financial Advice Market Review (FAMR) produced in March 2016 aims to remedy this, […]


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