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AToM partners with GE

All Types of Mortgages, the packager/distributor has revealed that it will remain on GE’s approved packager panel.

Dale Jannels, sales and marketing director for AToM, says: “AToM has been a long term supporter of the GE brand and are delighted to continue to offer their products. GE has taken some positive steps forward in this incredibly tough market to assist clients who are looking to repair their credit histories.

“igroup’s recent refresh suggests that the GE management team clearly understand the customer’s needs in the current market – every day we are seeing an increase in clients who cannot obtain a mortgage and such products are a welcome supply for this increased demand, especially with no ERCs. I hope other lenders follow suit quickly.”

Mark Snape, sales director at GE, says: “We’re really pleased to be working with AToM. We’ve had a good, strong and long standing relationship. As a packager, AToM share the same views as GE and their longevity in the market and recent diversifications in to new areas show that AToM is a forward-thinking company.

“GE chose AToM for many reasons, but their quality of packaged business and relationships with their wide distribution are second to none. We look forward to continuing to enhance our partnership.”


OFT consults on financial services strategy

The Office of Fair Trading is conducting a financial services strategy review of the unsecured consumer credit market.The OFT has launched a consultation on its proposed financial services strategy which sets out its approach to the sector in response to the current economic crisis. The OFT is asking interested parties to comment on its proposal […]

Shadow MPC

This month’s decision: Hold

The real broker-killers

Last week’s news that HSBC is running a pilot programme with London brokerage John Charcol to offer whole of market advice in its branches made a big impact on the market.

What triggers the MPAA?

Jim Grant – Senior Product Insight & Technical Support Analyst There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA. The money purchase annual allowance (MPAA) is a reduced annual allowance that can apply to contributions to defined contribution (DC) schemes. The following table […]


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