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CETA launches general insurance compliance package

The package, called &#39I Comply&#39, gives brokers access to CETA&#39s software, product range and service support in an integrated, fully complaint package. &#39I Comply&#39 is free of charge &#45 all brokers need do is register with CETA. There are no membership fees or ongoing charges for using CETA&#39s services.

CETA director Adrian Waters says: &#34I Comply is a must for all brokers, particularly directly authorised intermediaries who don&#39t have the benefit of compliance support from a network principal. The concept behind the development of I Comply is to provide a complete package that takes care of everything from a compliance perspective. Brokers will therefore be able to continue writing GI business secure in the knowledge that they have in-depth compliance support.&#34

I Comply will enable brokers to source GI products using CETA&#39s &#39Product Watch&#39 system. Fact-finds can also be produced, along with full quotations, all documentation, a policy summary and a statement of demands and needs.

CETA will also prepare all renewal documentation, provide documentation relating to any subsequent policy changes, keep full records for three years, and assist brokers with their obligations under the FSA money rules. The final part of the package includes training and competence support for each of the relevant product areas.

Waters adds: &#34We fully appreciate that brokers want to ensure their income stream is not interrupted as they prepare for regulation. &#39I Comply&#39 will not only enable brokers to do that, but it will also enable them to maximise their earnings potential in the future. It&#39s a great package and I have no doubt it will prove to be popular.&#34


Lighthouse Group announces interim results

The groups turnover is up by 36% to £12.9m and gross profit is up by 112% to £3.3m. Group operating loss – before exceptional item, depreciation and amortisation of goodwill – is £0.9m, up from £0.8m in 2003. Lighthouse has also recruited 34 advisers formerly authorised by Broadstone IFA. David Hickey, chairman of the Lighthouse […]

TBMC launches Abbey commercial mortgage 80% exclusive

Mike Staight, head of commercial lending at TBMC, says: “This scheme is only available through TBMC and one other broker in the UK and we are sure our distribution channels will welcome this opportunity to access this exclusive.” “Traditionally this type of lending is restricted to 70-75% of the value. The scheme is available to […]

Mortgageforce first franchised brokerage to receive authorisation

It is the first firm of its kind, a national franchisor, to receive its grant of permission. Nic Lewis, sales and development director, says: “Whilst firms of our experience and scale had complete confidence in securing FSA authorisation, it is a highly significant moment when the FSA confirmation actually arrives. We are naturally delighted.” Franchising […]

Genesis Three Valleys appoints managing director

Connolly has worked in the mortgage industry since 1979 and has a detailed understanding of both the mortgage broking and packaging industries. He says: &#34I&#39m delighted to be appointed MD of Genesis Three Valleys. We can provide mortgage brokers in our surrounding area with a comprehensive packaging service and appointed representative proposition. We have access […]

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Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.


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