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Barclays sets LTC exam standard

Barclays Financial Planning is the first firm to require all its advisers to pass the Chartered Insurance Institute’s CF8 exam in long-term care to advise elderly clients.

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Claim firms set to appeal on time bars

Three claim-handling companies are preparing to appeal on up to 5,000 endowment misselling cases on their books that have been turned down by the Financial Ombudsman Service because of time bars. CPH, Endowmentclaims. com and Whitehall Randell say if any appeal is rejected it will try to launch a judicial review on time bars.

First fine for PPI firm since regulation introduced

The FSA has given Regency Mortgage Corporation a £56,000 fine which marks the first action the FSA has taken against a firm for sales of payment protection insurance since the regulation of the general insurance market.The firm was fined for not treating customers fairly when selling mortgage related PPI in the sub-prime market. The failures […]

GMAC claims first with instant mortgage offer

GMAC-RFC claims to be the first UK mortgage lender to provide an instant offer.The lender has launched its system, called POSO, to the broker and packager market and the first beneficiaries of it were John Charcol and Praxis, whose clients received binding mortgage offers within minutes of applying at 8.40am this morning.John Charcol senior technical […]

Adviser wins back cash in Sesame sale dispute

A former DBS IFA has won an out of court settlement from Sesame after the network accepted a complaint against the adviser, compensated the client and charged him for it despite having lost his files. Two weeks after taking the action, the network then found the files, which the IFA says prove that he did […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here

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