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Deutsche names lending arm

Deutsche Bank’s mortgage lending arm, which is launching later this year, will be called db mortgages. The lender will offer sub-prime, buy-to-let and self-certification mortgages.

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A discretionary trust can potentially save a pension member’s death benefits from suffering IHT

Exchange launches new Advisernet

The Exchange has launched a new version of its web building solution for advisers, Advisernet, offering additional functions and features.The new Advisernet provides users of the portals Exweb service with a bespoke website including the ability to customise each page, unlimited extra pages, on screen editing of content and full compliance audit trail.The Exchange says […]

Regulator’s income muddle Letter to the FSA

If I were a member of your monitoring department and I found an IFA peddling a description of income withdrawal as below, I would take action against that firm for misleading investors. However this is taken from your own website. Please remove it or change it and provide us with an explanation of why you […]

Product providers are warned of Mifid sales slump

PricewaterhouseCoopers is warning product providers to expect a significant drop in sales in the final quarter next year as advisers str- uggle to comply with the European Union’s Markets in Financial Instruments directive. PWC says providers should anticipate a slowdown in business similar to the interruption caused by the introduction of mortgage regu- lation last […]

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