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News

uncategorised

Lib Dems propose early access to pension lump sum

Pension law should be changed to give people early access to their tax-free lump to help pay off debt, the Liberal Democrats say.

clock 09 July 2009 •

uncategorised

Living Time hires Hartford staff to expand IFA team

Living Time has appointed 15 people to its IFA account management team, 13 of whom were former Hartford employees.

clock 09 July 2009 •

Wrap/platforms

Full platform re-reg set for end of 2012

The UK Platform Group, formed from the UK's biggest platform providers, will agree implementation of a new re-registration solution over the next six months, with full roll-out to meet the RDR deadline at the end of 2012.

clock 09 July 2009 •

Group Protection

Unum increases group life free cover limit

Unum has altered its Group Life product, increasing its Free Cover Limit (FCL) to £1.75 million.

clock 09 July 2009 •

Your profession

Skandia sounds adviser charging warning

The divorcing of product and adviser charges must not result in higher overall costs for the consumer, warns Skandia.

clock 09 July 2009 •

Mortgages

FSA bankrupts fraudulent broker

The FSA has secured, for the first time, a bankruptcy order against a former mortgage broker for non-payment of a £129,000 penalty relating to fraud.

clock 09 July 2009 •

Your profession

BoE halts quant easing; holds rates at 0.5%

The Bank of England has shocked the City by freezing its quantitative easing programme and keeping interest rates on hold.

clock 09 July 2009 •

Your profession

IFAs with 500 complaints must go public

Financial advisers will have to publish their own complaints data under radical new proposals unveiled today by the FSA.

clock 09 July 2009 •

Mortgages

Public anger at banks' refusal to lend

Banks and building societies are preventing home ownership, according to a poll commissioned by the National Association of Estate Agents (NAEA).

clock 09 July 2009 •

Mortgages

Lending criteria set to ease but levels remain low-CML

Lending criteria stopped tightening in May but lending remains at very low levels, according to the latest data from the Council of Mortgage Lenders (CML).

clock 09 July 2009 •
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