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AMI welcomes FSCS decision

The Association of Mortgage Intermediaries has welcomed confirmation that the compensation and eligibility limits for the Financial Services Compensation Scheme and for the compulsory jurisdiction of the Financial Ombudsman Service will remain at their existing levels.

Rob Griffiths, associate director at AMI, says: “We are pleased that no change has been made.”

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FSA says more work needed on critical illness insurance

Advisers need to push critical illness cover up the agenda following a warning from the Financial Services Authority that there are still improvements to be made. Although the regulator gave CI providers a relatively clean bill of health in its review of the sector, it says providers are still not doing enough to treat customers […]

Avantage choses Teenage Cancer Trust as it’s charity of the year

Advantage Home Loans, the UKs original branded mortgage arranger in the sub-prime market has chosen Teenage Cancer Trust as it’s charity of the year. Staff from Advantage will be committed to organising activities to raise funds for Teenage Cancer Trust, a charity which supports teenagers and young adults with cancer. Teenage Cancer Trust builds dedicated […]

Skipton launches three-year tracker capped mortgage

Skipton has launched a three-year base rate tracker capped mortgage at 4.75% which is equivalent to initial monthly payments of 569 for a 100,000 repayment mortgage over a 25-year term.John Goodfellow, chief executive at Skipton, says: We are continually developing our extensive range of great mortgages and this one definitely ticks all the boxes with […]

Let brokers work how they want to

The paperless mortgage process is almost with us and the drawbacks are becoming clear so brokers should be allowed to retain some options in the ways they work, says Sue Read

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Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 

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