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Cooling off on sunshine deals

Conti Financial has called for a mandatory 14-day cooling-off period on overseas property deals. Simon Conn, managing director of Conti Financial, says: “Too many people run into these deals like headless chickens. Most people only get one shot at this sort of thing and these properties represent their dreams. So let them stop, go home, think and then talk to an independent adviser.”

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Edeus becomes AMI associate

Edeus has become an associate member of the Association of Mortgage Intermediaries. Rob Griffiths, associate-director of AMI, says: “To effectively represent intermediaries we need support from all parts of the sector.” Alan Cleary, managing director of edeus, says: “We recognise the valuable work AMI carries out.”

Protection racket faces judgement

The protection industry faces referral to the Competition Commission. As things stand it deserves no better and more competition would be good for clients, says Simon Burgess

Tenet appointment

The Tenet Group has appointed Rupert Robson as non-executive member of the Tenet main board. Robson worked for 10 years for Schroders, three years for Citigroup Global Markets and most recently was global head of the financial institutions group at HSBC Corporate, Investment Banking and Markets.

Fintal Exweb joins The Exchange

The Exchange announced the launch of Fintal Exweb, a new equity release referral service which aims to reduce the risk and cost in the first stages of the equity release advisory process. David Child, managing director of The Exchange says: The launch of this new service is based largely on market feedback from our adviser […]

income protection claimants

Generation Rent

By Denise Wond, Marketing Relationship Manager, Royal London We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be Homeownership has fallen to 64 per […]

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