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Treasury rules make good sense, says London & Country

Mortgage broker London & Country has broadly welcomed most aspects of the Treasury&#39s near-final rules on the regulation of mortgage advice.

Patrick Bunton, head of operations and compliance, says that rules on introducers and packagers “make perfect sense”, and is pleased that the Treasury has deferred judgement on the implications of polarisation.

But Bunton warns that Treasury confirmation that home reversion plans will not be regulated “could lead to confusion” in the future as equity release products grow in significance and complexity.

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Ex-MSMS boss joins Nextra UK

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Treasury sticks by plans to remove £5 fee cap

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Government launches corporation tax consultation

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India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.

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