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Exclusive Connections launches 4.99 per cent capped rate

Mortgage packager Exclusive Connections has launched a 4.99 per cent capped rate until Feb 1, 2002.

The product, funded by Bristol & West, will revert to a discounted rate of 1.25 per cent of its Standard Variable Rate until February 1, 2003. Its current SVR is 7.74 per cent.

Exclusive Connections marketing director Patrick Day says: “This product gives a real peace of mind, a capped rate followed by a discount rate with no redemption overhang.”


A busy year for the industry regulator comes to an end

The FSA was very busy this year putting its stamp on the world it will inherit come the mythical date, N2. Before it even got its feet off the ground, the regulator was busy shooting from the hip commissioning rep orts and making recommendations that could fundamentally change the IFAs&#39 world. After the now infamous […]

The long history of Equitable Life, RIP

1762 Equitable Life is foun ded as the world&#39s first mutual society. 1957 Equitable offers its first guaranteed ann uity pension. Mid-1980s Equitable makes a virtue of the fact that its salesforce is not paid by commission, unlike IFAs, in its advertising. Late 1980s and early 1990s The changing interest rate environment means thousands more […]

Swiss Life appoints technical director

Swiss Life has announced it is appointing Bob Cheesewright as its new technical manager. Cheesewright will be promote Swiss Life&#39s interests by liasing with the regulator, government and industry trade associations. He will also be responsible for helping to design and analyse the life office&#39s sales promotion, contract design and investigating and evaluating development opportunities. […]

Zifa training scheme pays off as sales boom

Zifa claims business is booming at its IFA mortgage network with new introduced loans up 50 per cent on last year. The network&#39s mortgage introductions have risen to £600m from £400m last year, with the number of mortgage completions up by 60 per cent to £320m from £200m. Zifa says the figures reflect the work […]


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