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Exchange offers comparative quotes

The Exchange is to launch a PMI comparative quotation service on its Exweb portal.
The service is expected to launch in the first half of 2005 and will enable IFAs to produce comparative quotes for individual PMI policies.
The Exchange has partnered with Preferred Medical for the launch of this new service.
If an adviser is reluctant to carry out a sale they can refer clients to Preferred Medical and receive an introducers fee


Charcol offers new mix and match mortgage

Charcol is offering a mix and match mortgage which combines a five-year fixed rate with a lifetime offset tracker.The five year fixed rate is available at 4.8 per cent, 6.1 per cent APR. This can then be mixed with the tracker with initial pay rate of 4.65 per cent, 5.4 per cent APR.Only one arrangement […]

Profits plummet after M-day

Nearly half of brokers have seen profits fall since M-Day, says Alliance & Leicester in a survey which also finds that many appointed reps are considering switching to direct regulation.


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