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BDS and Future offer brokers on-site service

BDS has teamed up with Future Mortgages to provide inhouse mortgage offers.

The packager says this service will save brokers time as it allows cases to be underwritten on-site at BDS.

Phil Jay, managing director of BDS, says: “This capability is something we know brokers are keen on. They will jump at the chance to enhance the service they can offer their clients.”

Ken Horsburgh, head of sales at Future, says: “Combining our strengths of product design, service and distribution, this move will strengthen our companies’ respective positions in the market.”


Advantage appoints sales manager for Midlands

Advantage has appointed Nick Parker as regional sales manager for the Midlands region. Parker will be responsible for building relationships with mortgage intermediaries and achieving sales targets in the Midlands.Prior to joining Advantage, Parker was an area sales manager at Mortgages PLC and a mortgage consultant at Countrywide. He has also held various roles at […]

Call for FSA to focus more on smaller firms

Industry figures have called on the Financial Services Authority to commit more resources to smaller firms and networks after a probe by the regulator raised concerns about a mis-selling scandal.

Relax Finance chooses xit2

Relax Finance has chosen xit2s valuation exchange to provide the online system for its panel manger Gateway Surveyors.The valuation exchange developed by xit2 streamlines the valuation instruction process.Adrian Shinn, packaging director at Relax Finance, says: We work with some of the biggest names in the market and so it is essential that our systems are […]

Network Data appoints director

Network Data Holdings has appointed Terry Young as group director for commercial and strategic development. Young will be responsible for identifying partnerships, acquisitions, overseeing strategic projects as well as planning and development activities across the group.He says: This role provides a tremendous opportunity for me to contribute to the Groups continued development and success. “Our […]

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Changes to capped drawdown tables

The tables used for capped drawdown maximum income calculations have been updated. We look at the reasons for the change and what the impact could be. Changes to capped drawdown tables Capped income drawdown involves taking a pension directly from a fund instead of buying an annuity. However, there’s a limit on the maximum amount […]


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