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GE fined £610,000 over PPI failings

The FSA has fined GE Capital Bank £610,000 for failing to have adequate systems and controls in place for selling payment protection insurance. The regulator is expected to take enforcement action against up to five further PPI providers.

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LibDems call for repossession code of conduct

The LibDems have called on the Government and lenders to discuss an effective code of conduct to guard against repossession levels getting out of control.LibDem Shadow Chancellor Vince Cable says the rapid rise in repossessions documented in the CML’s recent figures is worrying but still underestimates the severity of the problem.The CML revealed repossessions were […]

Correspondent’s Week

This week by Financial Mail on Sunday reporter Andrew Foxwell.

Balance the scales of justice

Alasdair Sampson, a partner at Drummond Miller, LLP, Solicitors, urges IFAs to follow the example of lawyers in Scotland to fight for a fair and just system to deal with complaints.

Product matters

When a new fund launches, there is always a period of reflection from the rest of the industry as they wait to see if the product is viable.Sometimes, it is a case of the innovator being overtaken by the mimickers but in this case, the slow trickle of global equity income funds seem to have […]

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