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The Research Department changes name to Defaqto

The Research Department, the financial products research company, has announced a name change to Defaqto, derived from the Latin phrase de facto which means &#39about the facts&#39.

The name reflects the company&#39s commitment, since its founding in 1994, to solving the &#39frequently asked questions&#39 which are critical to the financial services industry in the UK.

Mark Hayes-Newington, group commercial director of Defaqto, says: “Over the past few years, our company has grown significantly, and with the increasing emphasis on electronic media for transmission of financial and insurance data, we wanted a new identity to take the business forward.”


HML wins two awards for training programme

Natasha Kaplinsky from the BBCs breakfast programme has presented Homeloan Management with two awards recognising the training programmes in the companys Londonderry operation.The National Training Awards are organised and promoted by UK Skills and the Department for Employment and Learning in Northern Ireland. HML received the regional award for Northern Ireland and a special award […]

Abbey thrown off Homebank lender panel

Homebank, a Northampton-based national mortgage broker, has announced that it is removing Abbey National from its lenders panel with immediate effect. Explaining the sudden move, Homebank managing director George Dodds says: “We have had a good relationship with Abbey National but its continued cross-selling of buildings and contents and accident, sickness and redundancy policies to […]

New tracker from Pink and TMB

Pink Home Loans has launched an exclusive, flexible tracker offering an initial pay rate of 4.94%. The product is funded by The Mortgage Business and offers a discount of 0.55% until January 2004 David Copland, sales and marketing director at Pink Home Loans, says: “This deal combines two of my favourite mortgage features – transparency […]

ABI launches stronger code for sale of long-term care insurance

The Association of British Insurers has published of a new Code of Practice for the sale of long-term care insurance. The Code, which is binding on all members of the ABI, comes into force on 1st January, 2003. The Code requires ABI member companies to treat the sale and marketing of long-term care insurance as […]


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