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Legal & General in household insurance deal with GMAC-RFC

GMAC-RFC has appointed Legal & General as its sole supplier of household and buy-to-let insurance.

The deal is an extension of the two companies&#39 existing relationship that started when GMAC-RFC became a member of Legal & General&#39s mortgage club in October 2001.

Legal & General says GMAC-RFC&#39s customer base is well suited to its range of household products.

GMAC-RFC&#39s executive chairman Stephen Knight says: “We are pleased to extend a longstanding and successful relationship on the mortgage side into the area of household insurance.”


Claims collapse against Temple

Seven former RJ Temple consultants have lost their claims against the national IFA for unfair dismissal.The first case was brought by former senior managers Philip Gerry, Andrew Cole, Alan Hemsworth and Barry Martin-Pitt, now directors at IFA Westpoint Financial, which has six reg- istered individuals.They alleged unfair and constructive dismissal, unlawful deduction of commission, underpayment […]

NU pension spokesman quits for consultancy role

Norwich Union director of pensions development Jerry Barnfield has left to take a senior pension administration role at consultant Hewitt Bacon & Woodrow.Norwich Union will not comment on the reasons for Barnfield&#39s sudden departure from his role as chief pension spokesman for one of the UK&#39s biggest life companies to take on an admin role […]

Firms responsible for staff complying with MCCB rules

There has been recent press comment over the MCCB annual renewal process, which is currently under way, and our monitoring arrangements as regards our fitness and competence requirements, including professional qualifications for mortgage advisers.These two areas have been erroneously interlinked and some comment has been made that we are not seeking proof of exam qualifications […]

1st Software and TMO in info exchange partnership

1st Software and The Mortgage Operation have announced a partnership that will allow 1st Software&#39s Adviser Office system 8,500 users to exchange information with TMO&#39s 2000 advisers. Information exchange between the two systems will reduce the need to re-key data.Nick Berry, head of mortgages at 1st Software, underlines the importance of time saving measures, saying […]


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