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Moneyfacts introduces true cost calculations to reports

Moneyfacts has introduced mortgage true cost calculations to its Market Intelligence Reports services in response to calls from lenders.

Alan Hough, sales director at Moneyfacts, says: “Many lenders have requested the inclusion of mortgage calculations in the Market Intelligence Reports. Moneyfacts is pleased to announce that all mortgage costs and fees for any customer type can now be integrated into any report.

“Feedback suggests that many companies are reliant on a mortgage sourcing system to constantly monitor how products rank by true cost over different terms. They attempt to create dummy client records in order to model a specific type of customer.

“Monitoring true cost over different terms for many different customer types can prove extremely time consuming and often mortgage sourcing systems do not really reflect a company’s own interpretation of products and customers.”


The Exchange and Just Retirement announce strategic partnership

The Exchange, the leading supplier of portal services to IFAs and a key part of the Financial Services Division of Vertex, has entered into a strategic partnership with Just Retirement, the annuity and equity release specialist.Under the terms of this partnership, The Exchange is offering 10,000 Exweb subscribers 12 months free access to its Equity […]

Smokers are doomed to pay higher premiums

Nothing stays the same. Even the health effects of what we eat and drink seem to be constantly changing, according to the medical profession. And the good news for coffee drinkers is that the most recent research shows at least one cup a day is good for you. This is down to the tannins and […]

Financial services sector shows brisk growth

Financial services are enjoying a resurgence with rising levels of business, jobs and profits despite the tough conditions afflicting the rest of the economy.The sector recovered from a year of shrinking or stable volumes to grow briskly in the three months to September 2005, a stark contrast to a year ago when volumes were the […]

Gay FA is Young Business Person of the Year

Chris Morgan, managing director of Compass Independent Financial Advisers and Pink Investment, has been awarded the Barclays Young Business Person of the Year, at the Gay and Lesbian wards 2005.The awards were held on Friday September 30 at the Savoy Hotel In London, in front of a star studded audience. Notable Celebrities, including Cilla Black,Lulu,Kelly […]


Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]


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