View more on these topics

I should be cynical but some financial services stories still make me smile

From Noel Broadgate
Youd think that having been in financial services since John Prescott had a Cinquecento I would be reasonably cynical by now, but things still occur daily that make me smile. Here are a few.

I understand the raison detre of Home Information Packs is to provide full and accurate information to potential buyers about a properties that are for sale. Is this not what estate agents already do, or is someone saying they cant be trusted?
I once bought single premium ASU, it was added to the loan, the interest was less than equivalent monthly cover premiums, it paid out when I was ill and was not cancelled thereafter. So why the long face?

Alliance & Leicester says it has responded to the antagonism surrounding 0870 numbers. The list of useful contacts that accompanied its letter contained 10 phone and fax numbers of which only four were not 0870 numbers.

We all smile at celebrity adverts, myself in particular at Michael Winner advertising a car insurance policy that specifically bars members of the entertainment industry, a film star advertising low-cost hair products when we all know she spends 7,000 a week at Cherie Blairs hairdresser and Alan Sugar making his fortune by way of premium bonds. If an individual has been misled by an advertisement, there are appropriate channels for complaint and retribution and as a last resort the ultimate sanction boycott Countdown.
Noel Broadgate
Sunrise Mortgages


Pink campaign on secured loans

Pink Home Loans has launched a Perfect Partners campaign in association with Colonial Secured Loans to assist brokers with secured loan inquires. Pink is giving brokers registered with them and who use Colonial a voucher for six bottles of quality wines with their commission payment when their first case completes. The campaign runs from June […]

Jumping on the sub-prime gravy train

The dividing line between bending over backwards to help someone buy a home and being an irresponsible lender is getting finer.

Equifax launches pocket guide on how to combat ID theft

Equifax, a ID fraud expert, has launched a pocket guide to Combating Corporate ID Theft & Fraud providing businesses with an accurate and easy-to-read overview of the risks and solutions.Neil Munroe, external affairs director, Equifax says: Far too many businesses are sweeping the issue of corporate ID fraud under the carpet. When you think that […]

Complete appoints compliance monitoring officer

The Complete Network has appointed Alison Griffiths as compliance monitoring officer. Reporting to Bill Warren, Completes compliance director, Griffiths conducts compliance monitoring across the networks appointed representative member firms, combining site visits with desk-based monitoring using the home buyer systems compliance monitor facility. Griffiths is AFPC qualified, has twenty years experience in the financial services […]

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


News and expert analysis straight to your inbox

Sign up