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Estate agents want HIPs scrapped

The government should suspend Home Information Packs to restore market confidence, the National Association of Estate Agents says.

From April 6 next year sellers will need to have complete packs available before marketing their properties. They will include a property information questionnaire including details of service charges, structural damage plus gas and electrical safety standards.

Chris Brown, president of the NAEA, says: “It’s a great pity the government has not taken this opportunity to suspend HIPs and restore confidence to the market.

“Clients have made it clear to us that they believe they should have the right to market their houses from day one.”

But Mike Ockenden, director-general of the Association of Home Information Pack Providers, says: “The government has drawn a line in the sand when it comes to HIPs.”


FSA issues consumer warning over broker

The Financial Services Authority has issued a consumer warning that the brokerage Pure Money Limited and is not a regulated firm.

Fed slashes rates by 0.75%

The Federal Reserve has slashed the US’ key interest rate by 0.75% from 1% to just 0.25%.

Certification guide

Guide: how to… certify your pension scheme

Certification is highly complex and surrounded by a minefield of information and auto-enrolment jargon, which can make it very difficult to understand. However, for many employers it is a necessary process that must be executed successfully.


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