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Howard takes over chair for panel

John Howard is to take over as chairman of the Financial Services Consumer Panel from October, replacing Ann Foster who has been chair since 2003. Howard is a journalist, broadcaster and qualified solicitor. He has been a member of the panel for four years.

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GE Life enhanced annuities rise 1%

Intelliflo will be the biggest software provider for the IFA sector within three years, claims chief executive Nick Eatock. The company is among the five biggest software providers for the IFA market, doubling user numbers from 2,000 to 4,000 since the management buyout from former parent Millfield in January, and Eatock says the firm’s use […]

Personal bankruptcies rocket

Personal bankruptcies in England and Wales have leapt by 75 per cent to their highest levels in three years, according to credit-rating agency Experian. It says there were 480 new bankruptcies in June 2005 compared with 275 in the same month in 2003. This increase brings the total in the first half of this year […]

CIS signs single-tie deal

Norwich Union has signed a single-tie deal with Co-operative Insurance Society, whose 2,200 advisers will sell NU products exclusively. In a phased roll-out from the first quarter of 2006, NU will provide a personal pension, unit-linked bond, guaranteed acceptance plan and suite of inheritance tax-planning products for CIS. The products will be CIS-branded and further […]

Non-conforming business activity rises for mortgage brokers in July

Mortgage brokers are experiencing an up-turn in activity in the non-conforming market according to Mortgages plc and Mortgage Promotions.According to their joing market view survey for July, 63 per cent of brokers say they have seen non-conforming business levels increase during July, compared to 33 per cent last month. The research also shows 70 per […]

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