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Never a better time to ask the experts


About 40,000 home owners will have their properties repossessed in 2011, up from an estimated 36,000 last year, according to the Council of Mortgage Lenders, and many are already feeling the strain.

Rising unemployment is a major factor and as we try to pull ourselves out of the recession, there will inevitably be casualties.

I have spoken to many people who are concerned about getting through the next weeks and months without sacrificing everything they have worked hard for.

While many believe a financial adviser is only for those with high disposable incomes, I think this is the most prudent option for many in these trying times.

If you had concerns about your eyesight, the chances are you would visit an optician for advice, even if it did cost you money. It is unlikely that you would attempt to fix the problem yourself.

Similarly, with tough financial times still on the horizon, it is far wiser to speak to a specialist than attempt to battle on alone, potentially making costly mistakes along the way.

Just as an optician specialises in eyesight and a lawyer specialises in law, the financial services industry is teeming with experts who can offer sound advice on the best way through difficult times.

Consumers need to make sure they are as well protected as possible right now.

As an industry, we can offer protection for their finances in a number of ways. Now really is the time to ask the experts.


Buy-out brings a cash boost to Cheval Finance

Cheval Bridging Finance has been bought by management and a consortium of investors. The reorganisation of the short-term lender sees it acquired by a new parent company, Cheval Holdings, which is owned by a consortium of investors and Cheval’s management. The lender will receive a capital injection from the new owners and renew the existing […]

FSA costs us all half a billion quid – plus the red tape

The Financial Services Authority last week revealed that it is increasing its proposed Annual Funding Requirement for 2011/12 to £500.5m, up from £454.7m in 2010/11, a gross increase of 10.1% Half-a-billion quid. Say it quick and it doesn’t sound that much. The trouble is, it’s half-a-billion quid too much and, in any case, it’s only […]

income protection claimants

Generation Rent

By Denise Wond, Marketing Relationship Manager, Royal London We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be Homeownership has fallen to 64 per […]


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