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53% Think Hitachi will suck up all GI business

Last week MS exclusively revealed that Hitachi Capital and Advent Solutions Management are to launch a joint venture called Securah, selling mortgage payment protection insurance.

We asked you whether the launch of Hitachi’s MPPI product would result in it sucking up all general insurance business in the sector and the ayes had it, with some 53% saying yes.

This week MS asks: “Is the practice of offering a limited panel of 11 lenders in keeping with Financial Services Authority guidelines?”


Treating customers fairly – what?

Those who think the regulator’s TCF initiative is insulting to the integrity of the insurance industry have not experienced the impact when things go wrong, says Richard Griffiths

Personal Touch appoints Starkie as national sales manager

Personal Touch Financial Services Ltd, one of the UKs fastest growing financial services networks, has appointed Mike Starkie as national sales manager.Starkie brings 15 years experience of the financial services industry and has considerable expertise in the area of building distribution channels and of enhancing the productivity and profitability of existing distributors.His role will involve […]

SPML celebrates its 4bn pizza the action

Southern Pacific Mortgage Limited recently celebrated in style with a pizza lunch as it reached the milestone of 4bn of assets under administration. The figure was made up of just under 57,000 mortgage accounts, with most these assets administered for SPML’s previous securitisations and another 584m being serviced for third parties. Loan servicing takes place […]

Borrowers choose deals in one week or less

Research from NatWest Mortgage Services shows many borrowers who took out a mortgage in the past five years spent a week or less comparing mortgage deals before deciding on the one they eventually took out. Among the over-50s, nearly a third said they took no time at all to find exactly what they wanted, while […]

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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.


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