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M2 Financial sets up dedicated loan arm

IFA M2 Financial is to launch dedicated mortgage arm M2 Financial Mortgages.

The new division, which aims to complement its expanding financial advisory service, will be headed by founder and managing director Mark Howard and operations director Chris Regan. Day-to-day running will be carried out by Stuart Johnstone, who will develop the business in line with M2&#39s holistic approach to financial planning.

The mortgage business has evolved as part of M2&#39s continued exposure to strategic relationships with firms of accountants and solicitors and a mortgage offering has become essential to the group&#39s overall service.

Clients will benefit from M2&#39s bespoke advice on everything from first-time buyers, remortgages, buy to let, commercial lending and mortgages for those buying property overseas.


Number of occupational schemes fall

The number of live occupational schemes fell 6 per cent as at March 31, 2004 to 94,000 from 100,000 a year earlier, according to figures from OPRA. The number of money purchase schemes fell 6 per cent to 77,300 from 72,700 over the period.

Out of context

•”The ABI&#39s main driving force is to stay off Watchdog.&#39″ – ABI life and pensions media relations Emma Quantrill. •”I had to say to the commission that I was really quite irritated which in European terms means I was quite mad.” – Netherlands Authority for the Financial Markets chairman Arthur Docters van Leeuwen. •”Greece&#39s civil […]

Appointed reps &#39set to take 75% of the market&#39

Legal & General sales and marketing director John Cupis told delegates at the Mortgage Business Expo in Manchester last week that he believes 75 per cent of business volume will be carried out by networks&#39 appointed representatives after M-Day on October 31. Cupis looked at “how things will land” for the industry&#39s 36,000 intermediaries, 50 […]

Industry responds to FSA&#39s report

The industry has largely endorsed the FSA&#39s update report “Building Financial Capability in the UK”. The ABI has confirmed its dedication to improving people&#39s financial knowledge and IMA says aiding people&#39s understanding in investment is key to this strategy. The AITC is also supportive of the FSA&#39s financial education strategy but warns that adequate resources […]


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