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Consumers feel misled by ads

An online survey by Moneyfacts.co.uk shows 55% of consumers feel they have been misled by an advert offering a headline- grabbing interest rate. The survey also shows that 16% of consumers have made an official complaint about a financial services company. Emma Butler, editor of Moneyfacts.co.uk, says: “The idea of an advert is to lure customers. But there are rules that are supposed to stop consumers being mis-sold financial products.”

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Unisys launches mortgage modules

Unisys has launched a major extension to its Unisys Financial Services Solution. Mortgage Origination modules enable the management of processing requirements by mortgage providers, with the ability to meet FSA requirements.

Origen mortgage team signs up for CeMAP qualification

Advice and distribution firm Origen has become the first company to sign up its entire mortgage team for the Institute of Financial Services advanced mortgage advice qualification Advanced CeMAP.The seven-strong Origen mortgage team, headed by Wayne Gibbs, was formed in February 2005. Its team of mortgage brokers are spread across Origen’s branches in London and […]

Compliance help for brokers

Comprehensive compliance support is available to intermediaries, despite a recent survey that highlighted their dissatisfaction with the support offered by providers. CeMAP Regulatory Services, a division of the Institute of Financial Services, offers a service for brokers which includes a helpdesk, a monthly newsletter and unlimited access to its website for a fee of 85 […]

Leeds launches base rate tracker

Leeds has launched a base rate tracker mortgage at 0.14% above Bank of England base rate. The product, currently 4.64%, also allows 10% capital repayments each year and there are no higher lending fee.The society has introduced a policy of offering two versions of its products, where customers can select a fee-free version or choose […]

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Neptune video: Abenomics: the impetus for Japan’s fast-track recovery?

The remarkable performance of the TOPIX over the past year has caused many sceptical equity investors to look again at the Japanese market. These returns have come despite very significant problems facing the Japanese economy. Chris Taylor, manager of the Neptune Japan Opportunities Fund, discusses these problems and whether Abenomics will be able to overcome them, enabling the market to continue to rise.

In the video, Taylor addresses the following:

• The size and speed of Japan’s unprecedented monetary policy
• Abenomics and the implications should it fail
• Corporate Japan and beneficiaries of government policy

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