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AMI Expo seminar subjects revealed

The organiser of Mortgage Business Expo Manchester has revealed the programme of seminars to be held in the Association of Mortgage Intermediaries area. Clarion Events says the seminars will include a debate on the relationship between directly authorised brokers, appointed representatives and franchise panels. Small firms’ preparations for regulatory visits will also be covered and there will be a buy-to-let masterclass. AMI director Richard Farr will host the seminars.


Abbey passes on base rate cut

Abbey is applying the Bank of England’s recent 0.25% base rate cut to its SVR and base rate tracker mortgage deals.

SMS creates account for broker fees

Solent Mortgage Services has revealed that all commission fees earned by brokers are now being paid into a separate client bank account.

KGB sees 30% increase in broker applications

KGB Packaging, a member of the Regulatory Alliance of Mortgage Packagers has seen an increase of 30% in volumes of cases submitted by brokers over the last month, compared with the average for 2008 so far. The company has recruited a number of new BDMs that are now trained and out in the field, and […]

Expert warns BoE bond swap may not appeal

An investment expert has cast doubt on the effectiveness of the government’s plan to swap mortgage-backed securities for government-guaran- teed bonds.Steven Khan, a freelance consultant and former head of residential trading at Goldman Sachs, says the scheme, set to be launched by the Bank of England within weeks, may have unappealing terms.Khan says: “The government […]

‘How to…audit your auto-enrolment scheme compliance’

Avoid pension penalties with our auto-enrolment checklist

According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.


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