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Broker refused licence by OFT

A Tamworth-based mortgage and general insurance broker has been refused a consumer credit licence by the Office of Fair Trading. Peter Collinson had been struck off the roll of solicitors for misapp-ropriation of clients’ funds and other related offences, according to the OFT’s adjudicator.

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A survey by the AITC says 40 per cent of parents are saving nothing for their child’s university eductaion while one in four children expect their parents to meet the cost.Would-be students also expect debt on graduation to be 7,208 compared to the actual figure of 13,501 according to Barclays annual graduate debt survey. 63 […]

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