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BuildLoan joins Friends’ loan panels

Friends Provident is adding self-build and home renovation flexible mortgage specialist distributor BuildLoan to its Friends Mortgage World and Friends Provident’s Mortgage Club packager panels.

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One of my favourite misquota- tions is “trying to justify the costs of statutory regulation seems to me like explaining why you bought a 747 jumbo jet for the free peanuts”. However, it is true to say that FSA regulation is an expensive business.

Can IFAs resist temptation?

The coming year could prove the acid test for multi-ties as networks scramble to sign up members up to their panels. Money Marketing has been inundated with calls from IFAs saying they will not forsake their independence to work from a limited panel. It remains to be seen whether many will be tempted by the […]

FOS warning over time bar

The FOS says firms are often not clearly demonstrating that they have correctly time-barred endowment complaints and the ombudsman needs to investigate further.

Lawyer raises fears over BIA members’ assets

Berkeley Independent Advisers’ members could lose their clients, pipeline commission and renewals if the firm becomes insolvent, according to law firm Financial Services Legal. FSL partner Gareth Fatchett is writing to BIA seeking assurances that ownership of trail, agencies and ownership of clients rest with the adviser rather than the network in the case of […]

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