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Target to service loans for Blue Motor Finance

Target Loan Servicing has won another significant contract to service loans for the Blue Motor Finance portfolio owned by Merrill Lynch.

Target Loan Servicing now employs over 120 staff at its loan servicing operation in Newport, South Wales and the new motor loan portfolio was transitioned to Target Loan Servicing within just 12 weeks.

James Snow, chief executive officer for Target Loan Servicing, says: “Proactive and effective customer management is key for our client. The benefit of Target Loan Servicing is that we offer a highly specialist service with an experienced loan administration and collections team.

“Coupled with Target Group’s market-leading loan management systems, we can quickly deliver value for our clients. These factors enable us to be very good at realising the value of loan portfolios whilst ensuring we deliver on our Treating Customers Fairly principles.”


Tenet launches apprenticeship scheme

Leeds based adviser support group, Tenet, is working with the Financial Services Skills Council to help bring new blood into the industry via two apprenticeship programmes for both professional mortgage and investment advisers.

FSA set to regulate retail banking conduct

The Financial Services Authority is set to take over all retail banking conduct regulation for deposit taking and payment services in November 2009.

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


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  • kevin suddick ref no195594 last six digits 14th January 2010 at 3:53 pm

    why hav,nt you took payment of 60 pound bank says dd returned there is enough money in my account 4 this could u olease try again thank u mr kj suddick plus i find it shocking getting charged 12 pound 4 a letter when i have a agreement with yous