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Nationwide cuts product rates by 0.3% on average

Nationwide Building Society has cut rates on some fixed and tracker deals by as much as 0.6%, with an average cut of 0.3%.

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At last, the FSA is getting involved in the transfer of ARs

I have just read that the Financial Services Authority is preventing 23 appointed representatives from being re-authorised under the First Complete banner (Mortgage Strategy Online). At last, the regulator has seen fit to get involved with a network’s transferred ARs. It’s about time. I was previously responsible for the transfer of two networks’ ARs and […]

Aldermore unveils its residential mortgages

Aldermore is expected to launch into the residential mortgage mar-ket in a few weeks, after it revealed details of its product range last week. Loans for house purchase and remortgages will be available up to 80% LTV with a choice of two-year discounts from 3.98% and three and five-year fixed rates from 4.93%. In the […]

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Employer iPMI responsibilities could continue to escalate, says Jelf

New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.

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