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Furness links up with Mortgage plc on non-conforming deal

Furness Building Society is launching into the non-conforming mortgage market with a distribution agreement with Mortgages plc. Furness will market the entire Mortgages plc product range to intermediaries using jointly branded marketing and promotional material. A specialist team has also been set up within the Furness Direct operation.

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Pensions Regulator says 130bn deficit could be paid off in 10 years

The Pensions Regulator says UK plc’s 130bn pension deficit could be paid off within 10 years with minimum disruption to the economy. It believes that up to 80 per cent of companies could realistically close their deficits without facing more than a 25 per cent reduction in their free cashflow. But the TPR’s reliance on […]

Networks will stab you in the back

Money Marketing last week contained four separate articles which were connected by a central theme. Ivan Massow’s experience with Sesame over compen-sation for endowment selling should serve as a warning to all advisers that a network, like many life offices, will gladly stab you in the back. The nature of the network beast is that […]

Bupa sets date for online protection

Bupa Individual Protection is looking at a December launch of its online protection proposition to 26 intermediaries.

Matrix focuses on buy-outs

Matrix Money Management is raising up to 20m for the Matrix income & growth VCT, a venture capital trust focusing on management buy-outs.

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