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ABI backs EU single-market plans

The ABI has endorsed the European Commissions new approach to the single market for financial services.

The trade association describes the Commissions green paper on financial services policy (2005-2010) as a breath of fresh air, particularly the move to ensure there is a proper cost-benefit analysis before new legislation is proposed.


Reversion business set to soar

The home-reversion market will grow to 10 to 20 per cent of the equity-release market next year, claims Grainger Trust managing director Peter Couch.


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