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Electronic signatures become legal

Electronic signatures are officially legal as of Tuesday as the Electronic Communications Act came into force this week.

The move is seen as a milestone by mortgage providers that has been prevented from fully embracing e-commerce because the signatures were not allowed.

On-line applications for loans and other investment products can now be authorised using electronic signatures. Industry sources predict the move will make consumers feel more confident about e-commerce.


Royal & SunAlliance is going for growth with its new property and TEPs fund

The fund is a life assurance mirror fund that invests in office, retail and industrial property throughout the UK and traded endowment policies (TEPs). It invests in a similar fund run by TEP market makers Surrenda-link. The product is called the Surrenda-link fund.Traded endowments are policies which have been sold because their policyholders wish to […]

Lenders to bid for business on the net

Mortgage 2000 has set up a free supermarket auction-type website for IFAs which claims to offer the chance to source the best mortgage rates while earning commission.IFAs&#39 clients complete an online proposal form which is designed to take around 10 minutes. The lenders then bid for the business through the site and the company can […]

20,000 want Halifax stakeholder information

More than 20,000 people have signed up for Halifax’s user-friendly guides to stakeholder pensions in the run up to its April 2001 launch.The quarterly mailshot service, which highlights key issues on savings and retirement in layman’s terms is open to non-members of Halifax. The service will provide guides on retirement planning including a pensions calculator, […]

Lincoln unit trust offers access to four markets

Lincoln Financial Group is launching a new investment portfolio which allows customers to invest in four global markets through a single ISA or unit trust portfolio. The Global Opportunities Portfolio invests in the Japanese, North American, UK and European stock markets. The funds are managed by Goldman Sachs Asset Management. It will invest in a […]

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]


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