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GHL links with Key for equity release

Key Retirement Solutions has agreed to take equity release referrals from the GHL Group. Last week, the FSA called for advisers that do small amounts of business to pass leads to specialist firms or quit the market.

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Relaxing times

Continuing to look at the amendments to this year’s Finance Bill

Loan broker rebuked for failing customers

The FSA has publicly reprimanded a mortgage broker for failing customers. In the first such disciplinary case against a senior manager of a mortgage and general insurance broker, the regulator found Essential Mortgages Limited chief executive Steven Leslie Davis to have “fallen well below acceptable standards in the way that he carried out his duties […]

Name change put forward for ‘elitist’ PMI

Private medical insurance should be renamed because it is too elitist, say protection experts Peter Le Beau and Andy Couchman. Couchman proposes to change the name of PMI to medical insurance or health insurance. He also proposes to rename long-term care insurance as care fees insurance and waiver of premium as premium skip but see […]

Banking on a boost for income

John Duffield says equity income is one of the most important asset classes for New Star and he has given fund manager Toby Thompson a vote of confidence despite recent underperformance. Thompson runs higher income, which is 48th of 72 funds over three years, returning 56.8 per cent compared with an average of 61 per […]

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