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Maudslay leaves Advantage

Advantage co-founder and joint managing director Simon Maudslay has left the company. Advantage was set up as a mortgage packager in 1991 before being bought by Morgan Stanley in 2005 and transformed into a lender.


Professional touch

Following the publication of the retail distribution review, the response from both practitioners and the media is probably best described as mixed. Some of the commentary has been astute, some less so. But what is certain is that the role of the CII/PFS is key, not only in terms of helping to shape the discussions […]

Sesame set to boost ARs with Friends’ backing

Sesame chief executive Patrick Gale says he expects to grow the firm’s appointed representative network rapidly under the ownership of Friends Provident.Gale says previous owner Misys was not willing to provide the capital needed for expansion but Friends Prov will support its expansion plans over the next six to 12 months following its £75m takeover […]

Aifa wants retro action for long stop

Aifa is lobbying the FSA to bring in the 15-year long stop retrospectively as part of the retail distribution review.The RDR suggests changing the FSA’s dispute resolution sourcebook to include the 15-year long stop which currently applies to cases taken through the courts with the Limitation Act 1980.The regulator is consulting on whether the long […]

Teenager shows way for future

It is with some sadness I came across a letter in last week’s Money Marketing from Tom Gardner criticising Brocha Simon’s commendable desire to complete the IFS’s Cefa and Cemap at the age of 16. I was shocked to read such backwoodsman-like comments, especially following the publication of the FSA’s RDR new minimum qualification proposals. […]

Time to stop the salami slicing on tax relief

Steve Webb  – Director of Policy and External Communications As the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief. Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor might make to […]


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