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C&G offer doubles IFA fees On loans over £250k

Sales director Nick Hale says: “We are committed to intermediaries and recognise the value they add to our business. The intermediary payment incentive has proved to be very popular and, by increasing the payment per qualifying case, we are hoping to attract even more business.”

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FSA cracks down on past performance

The FSA is to force fund managers to include past performance warnings in the main body of their advertisements instead of burying them in the small print as many currently do.In a series of proposals announced in Consultation Paper 132, The Presentation of Past Performance and Bond Fund Yields in Financial Promotions , the regulator […]

Talkback

“I would prefer none at all but we will proceed irrespective of regulator.”Ivor Woodroofe,Riverside Financial Services “No, I think the FSA is bad enough as it is. I think if we had a European supraregulator it would have to deal with all the regulation in all the countries and you would end up with the […]

Standard seeks go-ahead for voting reforms

Standard Life is to ask members to approve a series of measures aimed at revamping the society&#39s regulations at its annual general meeting.It is sending mailing packs to customers with the proposals, which include an increase in the number of members required to call a special general meeting to 1,000 from 50.It also wants to […]

Misys &#39open to offers&#39 for its IFA business

Misys approached major providers to discuss selling its financial services business outright in the last two months, according to senior sources at the providers.Two weeks ago, Misys told the stockmarket it was committed to its IFA businesses and was in talks with several providers to look at its future options.The options under discussion were believed […]

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