Roy Leighton has taken over as chairman of the Financial Services Practitioner Panel.He succeeds Jonathan Bloomer, who assumes the role of deputy chairman for one year. Leighton is chairman of Nymex Europe. The Panel is a statutory body that represents the spectrum of regulated firms and the interests of practitioners.
A survey has reveal a widespread lack of knowledge amongst estate agents about the governments Homebuy scheme, designed to get first-time buyers onto the property ladder by purchasing a home on the open market in certain areas for 75% of the asking price.While many of the estate agents questioned were aware of shared ownership, over […]
Capital Home Loans is offering free valuations on a 85% LTV three-year fixed rate buy-to-let mortgage at 4.89%. This is the latest free valuation offer from CHL and applies to properties valued up to 500,000. The buy-to-let product, which is also available from CHL’s Irish Permanent brand, is fixed until January 31 2009. At the […]
Coventry has launched an improved MOREgage product range.The Societys MOREgage product is a combined mortgage and unsecured personal loan that gives first time buyers and movers the ability to not only purchase their house, but also the capacity to cover additional associated costs. With a high average house price making it increasingly difficult for first […]
The Financial Services Authority has called on firms to take urgent action to ensure their selling practices for payment protection insurance are in line with regulatory requirements. The warning follows a programme of FSA visits and mystery shopping that uncovered poor selling practices and a lack of proper compliance controls. Firms that sell PPI and […]
The Pensions Regulator (TPR) has released advice on communications for employers, including three tips to help you with your auto-enrolment duties. 1. Allow enough time to select your pension schemeIt’s recommended that you start to prepare for auto-enrolment at least 12 months in advance of your staging date; additionally, give yourself time to choose the […]
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