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Bristol & West increase introductory rate on Easylife account

Lender Bristol & West is increasing the six- month introductory rate on its Easylife guaranteed account from 3.5 per cent to 4 per cent. After this initial period the rate reverts to base rate linked.

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Pru appoints yet another sales director

The Prudential has taken on its third new sales director in the last two years with Axa&#39s Chris Traynor picking up the reins as intermediary sales director. Due to start in October, Traynor had been with Axa, and Sun Life premerger, for 20 years, holding various sales and sales management roles within IFA distribution. He […]

Franklin Templeton sets sights on UK market

Franklin Templeton Investments has unveiled four Oeic funds as part of its plans to attract more business from UK investors. Until recently, the main focus of the company&#39s fund range was Luxemburg but it acquired a Dublin base in 2000 when it acquired Fiduciary. However, the company decided the best way to attract UK business […]

The lines

As the consultation period for the FSA&#39s mortgage regulation paper CP186 draws to a close this week, the Association of Mortgage Intermediaries has voiced its concern over a plan that would oblige intermediaries to conduct fact-finds before they can offer rate quotes over the phone. The FSA is proposing that intermediaries should conduct suitability assessments […]

Regulatory fines are based on your bank balance

I would like to refer to the editorial in the August 7 issue of Money Marketing regarding, PI questions that need answering. There is quite a severe backlash to the comments that small IFAs should go for professional indemnity opt-outs, provided they have the capital to meet potential claims -if you have a lot of […]

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