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Interdependence, M&E Network and Squirrel receive MTAs

IFA networks Interdependence and the M& E Network, both owned by Tenet, have received their minded to approve letters from the FSA.

Mortgage network Squirrel has also received its MTA letter, indicating that it is on track to be able to trade post regulation.

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FSA aims to shame the name

The FSA is to make sure that firms which break the rules pay a price in terms of their reputation rather than by increasing the levels of fines. Chairman Callum McCarthy, speaking at an international financial services conference in London last week, emphasised the significance of the damage to a firm&#39s reputation which results from […]

Xbridge appoints e-commerce manager

Xbridge, the online commercial finance marketing firm has appointed Stuart Aplin as its e-commerce manager. Aplin, the former CharcolOnline senior business development manager will be responsible for managing the relationship with Xbridge&#39s existing online partnership network as well as develop new e-business opportunities for the company. Alpin spent three and a half years at CharcolOnline […]

It&#39s got to be perfect

A couple of weeks ago, the FSA slipped out a statement that may have many IFAs feeling someone has walked over their grave. Tucked away on page 11 of Annex A of consultation paper 04/11 under point 36 is a reference to a concept that I have never heard of before – “Perfect Advice”. What […]

B&B picks mortgage system

Bradford & Bingley has picked Marlborough Stirling and Unisys to provide an end-to-end mortgage system. B&B says Unisys Financial Services System from Unisys and Omiga from Marlbor-ough Stirling will give it the flexibility to design and implement new products quickly and efficiently. The system is also expected to provide consistent and compliant calculations and illustrations […]

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