Around a third of mortgage advisers are thought to have made no plans or financial provision for their own retirement, according to an AMI survey.
There is still a shortage of access to high quality financial advice on the equity release market despite increased consumer demand, suggests the organisation backing growth of the sector.
Lending figures published by the Building Societies Association and the British Bankers' Association have strengthened the case for hawks at the Monetary Policy Committee.
Gross mortgage lending hit a new December record of £29.4bn, according to the latest figures from the Council of Mortgage Lenders.
The majority of mortgage intermediaries offer payment protection policies from more than one provider, according to the last census from the Association of Mortgage Intermediaries.
The ifs School of Finance has launched a ‘top-up' unit to its equity release qualification to meet Financial Services Authority requirements.
The Association of Mortgage Intermediaries has published a training and competence factsheet, following the Financial Services Authority's review of the quality of mortgage advice processes.
So, here we are in 2007. My first question is why have no songwriters written a song about this year? I remember the days of ‘Ninety-naughty three…yeah you know me'; ‘Tonight we're gonna party like it's 1999'; and ‘Let's all meet up in the year 2000'....
The Chartered Insurance Institute is launching a home reversion examination unit to coincide with more stringent Financial Services Authority authorisation requirements.
The Financial Services Authority has published a practice guide on lifetime mortgages with examples of good and poor practice it has observed within firms.