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Broadband growth is great news for brokers says BM Solutions

BM Solutions has welcomed news that broadband is growing at a phenomenal pace.

More than 85 per cent of BM Solutions brokers now submit business via BM Solutions Online.

Brokers can now secure a cast-iron decision in around a minute and the time it takes to submit a case has been reduced by the many features on offer including product matching, intelligent application forms and case tracking.


JPMF looks for bids for FundsHub

JP Morgan Fleming is believed to be seeking buyers for distribution platform design company FundsHub two years after acquiring Investia&#39s majority stake in the business. According to well-placed sources, JPMF, which bought FundsHub from Investia in February 2002, is looking to offload the firm after struggling to get it off the ground commercially in the […]

Advisers fail in mystery shop

Only one of 39 advisers gave appropriate advice to mystery shoppers from Which? magazine posing as first-time buyers looking for protection alongside their mortgage. While 11 advisers recommended the appropriate type of cover to fit the profile of the researchers – income protection – just one advised a sufficient amount of cover. Of 30 advisers […]

&#39Sesame value plunges to £80m&#39

The loss of advisers to national IFAs and low-cost providers means that Sesame is now worth no more than £80m, according to a report by analyst Durlacher. The report predicts that strains on parent Misys&#39 corporate strategy could force a sale of Sesame for a fifth of the £400m that the network business was initially […]

Credit card helps fund college fees

Affinity marketing group iPledge is in talks with IFA networks over the distribution of a credit card that puts a 0.8 per cent cash rebate into a savings account to pay for children&#39s university fees. iPledge is promising cash to IFAs who distribute the Lloyds TSB Accucard credit card, which has a 15.9 per cent […]

The Merchants Trust PLC – April 2017

Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]


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