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Sage Financial receives MTA letter from FSA

The Inter-Alliance group has announced that its subsidiary Sage Financial has received its minded to approve notification from the FSA.

With Trinon, another Inter-Alliance brand, authorised through Sage, the group says that effectively two of the group&#39s mortgage networks can now approach their respective markets with more confidence than before.

Helen Davis, distribution development director at Inter-Alliance, says: “This is great news for both Sage and Trinon. We can now go full steam ahead and recruit into Sage targeting IFAs who also give mortgage advice and Trinon where the focus is on mortgage and GI specialists. Both propositions feature an all of market lending panel and this is stimulating a huge amount of interest.”

Stuart Wilson, mortgage development director at Inter-Alliance, adds: “I am convinced that many mortgage advisers wanting to be ARs have held back from making a firm commitment whilst network approval from the FSA was outstanding. Now we have that approval we can process applications for real and start arranging the necessary training courses.”

With more than 1,200 advisers across the group Inter-Alliance is a significant distributor of mortgages and is also positioning itself to address the general insurance market with a proposition.


GMAC-CM Europe announces promotions and appointments

GMAC-CM Europe last week announced a host of UK promotions and appointments. Kevin Cooper is promoted to managing director of real estate finance, Martin Wheeler becomes executive director of real estate finance and Gerry Mackenzie joins as director of real estate finance. James A Dalton, president of European operations for GMAC-CM Europe, says: “The promotion […]

RAMP appoints director of compliance

The Regulatory Alliance of Mortgage Packagers has appointed Samantha Foxall as its director of compliance. The 10 packagers that make up RAMP are all actively developing their businesses to fully comply with the introduction of Mortgage Day. They will each operate their companies as if they were individually regulated. RAMP has been working with Wragge & Co, […]

RAMP appoints full-time compliance director

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IMB appoints Peace as managing director

Peace has been successful as the company&#39s director of operations, a role she took less than 12 months ago. Her strong organisational skills have had a major impact on the internal and external infrastructures of IMB, resulting in the company enjoying record-breaking sales during the first half of 2004. She replaces Dale Knight as managing […]


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