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BoE extends SLS until January

The Bank of England has extended its Special Liquidity Scheme until the end of January 2009. The Council of Mortgage Lenders says: “The BoE has shown a welcome flexibility.”

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Packagers that evolve will flourish

As the credit crunch continues, packagers have endured a tougher time than most. Some lenders have reduced their panels, forcing some firms to stop packaging altogether.

Central banks club together to tackle funding

The Bank of England is injecting $40bn into the markets as part of a combined effort across several central banks to tackle the pressures on funding markets.

EXCLUSIVE: Financial customers lose faith in FSA

Only 17% of financial services consumers are confident that the Financial Services Authority is effectively regulating the industry, the latest poll from YouGov reveals.

FSA bans Southall mortgage broker

The Financial Services Authority has banned Asim Hussain based on the fruits of the Information from Lenders anti-fraud programme.

Unfinished business?

Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]

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