View more on these topics

Commitments Protection increases sales team

Commitments Protection has increased the size of its sales team with the addition of five regional sales managers and business development managers.

The Mortgage Payment Protection and home insurance provider has appointed Paul Stacey to represent the company as BDM in the South-East of England and south London.
Frank Edmunds is to represent the company in the Midlands and North of England and David Davis will cover part of the North-East of England and Eastern Counties.
Bob Lawless is to represent Commitments in Hertfordshire and the Luton area while Paul Beddington will cover the north of Scotland.

The new additions to the Shrewsbury-based companys sales team will help Commitments meet the ambitious growth targets it has set itself over the coming years.

Kathy Chapman, managing director of Commitments Protection, says: Commitments Protection has grown to become one of the leading providers of MPPI and home insurance to financial intermediaries and this expansion is set to continue.
The additional BDMs will ensure that we achieve our sales objectives.


Offshore account holders urged not to panic

Tax experts are urging offshore account holders to seek professional advicebefore contacting the Inland Revenue with details of their accounts.Over three million UK taxpayers have offshore accounts which until now havepaid interest with no tax deducted. All those who are resident and domiciled in the UK must declare such interest and pay any Income Tax […]

FSA issues Integrated Regulatory Reporting paper

The Financial Services Authority has issued a consultation paper on new Integrated Regulatory Reporting requirements for firms. These will enable the regulator to use regulatory reporting to more effectively monitor and mitigate risks to the FSA’s statutory objectives.The requirements will apply to banks, building societies and investment firms. These include investment managers, securities and futures […]

McCarthy defends principles-based regulation

In his speech to the Association of Mortgage Intermediaries Annual Dinner on the May 25, Sir Callum McCarthy, chairman of the Financial Services Authority, outlined the FSAs approach to regulating mortgages and explained why it is moving away from prescribed rules towards a more principles-based approach.Sir Callum detailed the benefits a move to principles-based regulation […]

More borrowers taking out adverse credit home loans

More mortgage borrowers are taking out expensive adverse credit home loans when they could qualify for significantly cheaper deals, reports online financial data comparison site has seen a 20% increase in the numbers of borrowers opting to take out mortgages offered by specialist brokers dealing with the non-standard mortgage market.Richard Brown, chief executive of […]


News and expert analysis straight to your inbox

Sign up