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Getting it right on KFI clarity

Contrary to what was printed in MS last week in a news story on equity release, Ray Boulger, senior technical manager at John Charcol, thinks the Key Facts Illustration should show a 3% + increase in house prices, not interest rates.

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Which? slams “”inadequate”” FSA

In response to the FSA’s latest ‘Financial promotions mortgage and general insurance bulletin’, Laurence Baxter, principal policy adviser at Which?, says: “In relation to the selling of protection products, the FSA has uncovered a catalogue of mis-selling tactics including scaremongering and unsubstantiated claims. But the FSA’s response to tackling these problems is woefully inadequate. Instead […]

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 […]

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 […]

Open standards must work for all

The vision of open standards in the industry is exciting for brokers but lenders and sourcing systems must be convinced there is something in it for them, says Frank Eve

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