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IFonline signs new lenders

Internet trading platform IFonline has signed up Bank of Scotland and Halifax subsidiary The Mortgage Business as the latest product providers on its system. IFAs logging on to the platform are now able to submit online mortgage applications for both lenders but IFonline says it does not yet know if Halifax intends to sign up. IFonline is due to announce next week the signing of the 50th lender on the platform capable of processing online loan applications.

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CIS offers with-profits with cover waiver

Co-operative Insurance Society says its stakeholder pension offering will be one of the few products to offer a with-profits fund option with the facility to waiver premium and life cover. CIS&#39s stakeholder scheme lets people choose from a range of funds including with-profits, UK growth, European growth, Environ, US growth and FTSE all-share index tracker. […]

FSA&#39s consumer guide points to direct route

The FSA&#39s consumer guide to financial advice has stoked IFA fears that itis steering consumers towards execution-only and direct distribution. The guide, published this week, features a decision tree for consumers todetermine their need for advice. It asks if the individual is clear onbasic financial aims followed by two branches, which both steer to thedirect […]

A place in the sum

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Pru director takes role on Inter-Alliance board

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Frexit & contagion risk in Europe

Rob Burnett, Head of European equities at Neptune Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Is this likely and what is the mechanism for this to happen, asks Rob Burnett, Manager of the Neptune European Opportunities Fund. Read more: https://www.realworldinvestors.com/Posts/Read/1371/Frexit_and_contagion_risk_in_Europe […]

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