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HSBC signs up five fund providers

HSBC has signed up five fund providers to sell their funds through its high street branches. In addition to offering its own products it will now provide investment advice on funds from Fidelity, Gartmore, Invesco Perpetual, JPMorgan Fleming and Schroders.

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Goodfellow takes chair

Skipton Building Society chief executive John Goodfellow has been elected as chairman of the Building Societies Association.He takes over from Britannia Building Society executive vice-chairman Graham Stow, who held the post for the past year.Goodfellow&#39s former role as BSA deputy chairman will be filled by Stroud & Swindon chief executive John Parker.Goodfellow has been chief […]

Whitechurch loan network offers no-frills compliance deal

Whitechurch Securities is this week setting up a mortgage network offering a no-frills compliance service for mortgage brokers.The company says 50 of its existing Whitechurch Network members are already on board and 20 will be joining in the near future. Whitechurch has calculated that, on average, these members arrange six to eight mortgages a month, […]

Smee urges industry to go it alone if FSA scraps suitability

The FSA has come under significant pressure from trade bodies and product providers to change its decision to exclude suitability letters from its regime for mortgage intermediaries.The regulator&#39s stance has led to Aifa director general Paul Smee&#39s call for the industry to produce its own suitability letter in the absence of leadership from the FSA.Speaking […]

What&#39s in a name?

By now you will all have heard, and no doubt already formed a view on Sesame, the new name for Misys Life and Pensions business.When any new brand is launched it provokes interest and I think Sesame is no different. But at a time of very tough market conditions, can we not move away from […]

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