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Merricks says claim firms should join CMC

FOS chief ombudsman Walter Merricks says claim- handling firms dealing with endowment complaints should join the claims management council to demonstrate their commitment to proper standards before regulation comes into force.

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Royal Liver appoints Sprung to lead Park Row

Park Row, A Royal Liver Company, the newly combined sales force effected last month has appointed Peter Sprung as its new chief executive.Sprung was promoted from head of Park Row Corporate and Private Clients and will also join Royal Liver’s executive team.Outgoing Park Row chief executive and founder Tim Newman, will stand down, remaining at […]

Campaign dangers

The Money Marketing campaign regarding supermarkets selling life insurance direct makes some good points regarding the need for advice and the danger of misbuying. However, this is a somewhat narrow and dangerous view: First, it presupposes that the consumer knows little or nothing about what they are doing and therefore will buy the wrong product […]

Loan brokers still confused by promotion rules

The FSA says mortgage brokers are still confused about prom-otion rules over a year after their introduction. In its round-up of the first year of mortgage regulation, the FSA says there have been mixed responses to the new rules from brokers. Feedback from brokers shows that there may be some confusion over when a risk […]

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