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FSA to investigate promotion of equity release and mortgages

The FSA has said that it is prioritising mortgage, debt consolidation and equity release financial promotions this year.
Regulators will look at promotions produced by mainstream lenders, equity release providers, sub-prime lenders and brokers for all these providers as part of its campaign.
The FSA will also look at firms’ preparatory work for child trust funds, and early work on general insurance will look at high risk products.

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