View more on these topics

Final Menu rules due second half of year

The FSA plans to publish its final rules in the second half of the year, when it will unveil its policy statement giving feedback on the consultation.

The consultation finishes on June 1, after which the FSA will review the responses and amend its draft rules accordingly. As the Menu is key part of the depolarisation proposals, the regulator will devise the rules for both at the same time.

There will then be a six-month transitional period at the end of which all firms must be in compliance with the new rules. But firms wishing to implement the rules before this date will be able to do so as long as they can meet all the obligations that go with them.


L&G bids to boost long-term Euro fixed-rate loans

Legal & General supporting the development of long-term fixed-rate mortgage funding across Europe. Financial economist Andrew Clare says the implementation of such a system in the UK, being considered by Professor David Miles for the Treasury, makes sense but he is more concerned about Europe&#39s mortgage market, which he says needs major attention. He is […]

Standard&#39s mutual fund platform to offer 75 funds

Standard Life&#39s mutual fund platform, Sigma, will offer 75 funds, 60 of which have an S&P research rating. The rated funds include nine from Jupiter, seven from Invesco Perpetual and five from Fidelity and DWS. Standard Life Investments has the most with 12 while Newton and Schroders have five and four respectively. The platform opens […]

Abbey axed from L&G mortgage club panel

Legal & General&#39s mortgage club has dropped Abbey from its panel of lenders. PR manager Peter Timberlake says L&G regularly reviews the lenders on its mortgage panel and reveals that part of the reason that Abbey was dropped was because it did not work extensively with Legal & General on exclusive products and other services […]


“When banks win business from the industry, it is through lethargy. If depolarisation breeds more lethargy, maybe they will.” Malcolm Fletcher, Fletchers “I am not as positive as Paul Smee. Just because we have won the last few battles against bancassurance does not mean we will win this one. We will have to fight hard.” […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm