View more on these topics

Richmond Group offers brokers new income streams

The Ricmond Group, traditionally an unsecured lender, is expanding its offering to brokers to include its Payment Guard & Debt Line brands.

Nick Fletcher, a BDM at the Richmond Group, says: “We would like to offer secured loan brokers another income stream for referring clients to Debt Line which is our debt management company that can help clients with debt of £1.500 or more and Payment Guard which is a income protection policy underwritten by AXA.

“We have seen an upturn in business with these brands and have the capacity to handle allot more volume.

“We are still interested in talking to brokers re our unsecured guarantor product as well where there is a healthy 10% proc fee on completion.”


CML warns government on law of unintended consequences

Responding to the government’s proposed Homeowner Mortgage Support Scheme, the Council of Mortgage Lenders says it will en-able some borrowers to defer a proportion of their interest payments for up to two years, with the government underwriting a proportion of lenders’ risk of loss.

The month at a glance

January started with gloomy predictions and tragic news but luckily for the

Athletes in the boardroom

Jennifer Holloway talks to John Murray about honing the skills of senior managers and sharpening their corporate performance by employing the techniques of executive coaching

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


News and expert analysis straight to your inbox

Sign up