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BM Solutions goes live with KFI

BM Solutions has today gone live with its online Key Facts Illustration (KFI) enabling intermediaries to access a KFI directly from its website.

Head of sales Alan Cleary says: “We&#39re one of the first lenders in the market to launch our KFI. We&#39ve launched so early in order to give mortgage brokers every opportunity to get used to the KFI process. We&#39re using it as an invaluable test period so that we can make any tweaks as and when necessary. “


Warning that &#39old dinosaurs&#39 are not ready to pay proc fees

Lenders are not ready to pay procuration fees through networks because they have not sorted out their back-office systems, says Whitechurch managing director Ian McIvor. McIvor is concerned that after speaking with various lenders, some still intend to pay procuration fees direct to mortgage intermediaries and not through networks. This in effect will mean that […]

&#39I can see why phoenixes happen,&#39 admits Bamford

Sofa chairman and Informed Choice managing director Nick Bamford was advised to wind up his firm and transfer out its assets but decided against it for moral reasons. Bamford recently received professional advice about the future of Informed Choice, which has seen 14-fold increases in professional indemnity insurance premiums. Part of the advice was that […]

FSA small firms unit on the road

The FSA&#39s Small Businesses Division will be visiting Portsmouth and the surrounding area for its second visit to the regions following a trip to Gloucestershire in June. The regulator will be visiting firms in the area and is offering surgery slots to local small firms to raise any issues and concerns they have. The FSA […]

Platforms &#39a better solution for IFAs than multi-ties&#39

Legal & General chief executive David Prosser believes investment platforms are the way forward and will surpass multi-ties as the industry standard. He says platforms and multi-ties effectively have similar aims but the former are a much more efficient solution for the adviser market, providing a more practical and lower-cost investment solution. L&G has signed […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]


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