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AXA account for whole of market

AXA’s Protection Account is being made available to the whole of the market following its launch to brokers 18 months ago. Iain Mallon, head of protection and e-commerce at AXA, says: “We have spent the past 18 months honing our offering and are confident this account will prove popular across the market.”

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Only 20% save for rainy days

Over half the population of the UK experiences unforeseen financial occurrences yet Lloyds TSB says only 20% of people are able to use savings to cover these events.

25% of small lenders’ and brokers’ KFIs not up to scratch, says FSA

Over 25% of small and medium firms’ Key Facts Illustrations are not up to scratch and still contain errors relating to fees and charges, says the Financial Services Authority. Although large lenders, who account for three quarters of total mortgage lending in the UK, have been praised for making good progress in taking steps to […]

FSA reports progress on better regulation

The Financial Services Authority has published its Better Regulation Action Plan progress report, taking forward plans for reform of its rules first announced in December 2005. This is accompanied by three pieces of independent research into: * The incremental costs of complying with individual FSA rules in three sectors.* An estimation of the administrative costs […]

LMS to launch remortgaging service

LMS is launching a remortgaging service designed specifically for packagers.LMS says the new service transforms remortgaging – being faster, cheaper and more efficient than the traditional process – to give packagers a competitive advantage which will also give their clients a better experience and increased satisfaction.The service collates data at the front end to speed […]

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