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Mortgageforce offers cash subsidies for exam revision

National franchising operation Mortgageforce is offering £100,000 of cash subsidies to help 1,000 brokers fund their exam revision and sittings to increase the number of advisers meeting the MCCB&#39s qualification deadline. It is also extending its training support programme to brokers not in its franchise. It will pay £360 per non-member broker towards monthly tutor support and a minimum contribution of £50 for the basic 1.5 day Cemap course.


Investors confident of market rise but expect returns to show decline

Investment confidence is rising, with almost half of UK investors expecting the stockmarket to climb in the next 12 months, says Threadneedle. Its annual survey of 2,000 investors found 49 per cent believe the stockmarket will rise in the next year compared with 32 per cent in 2001 and 40 per cent in 2000. Over […]

Standard Life keeps its triple A rating

Standard Life has had its AAA rating reaffirmed by independent ratings agency Standard & Poor’s. S&P says the triple A rating for financial strength, the highest possible, was awarded for the company’s “extremely strong capitalisation, extremely strong business position, very strong operating performance, and strong management team.”Standard Life group finance director John Hylands says: “We […]

Don&#39t put down defined benefits

Defined contribution has become the politically correct pension. Baroness Hollis of the Department for Work and Pensions has described the defined-benefit pension as the pension for white middle-class men, coming close to calling it a fat cat pension. Hollis&#39 comments bring a dangerous dimension to the debate about pensions. Company pensions are this country&#39s great […]

House prices In May rise by record 4.2%

House prices are still rising at an astonishing rate, with Halifax&#39s monthly index showing prices rose by 4.2 per cent in May, the biggest monthly rise on record. Prices have rocketed by 18.5 per cent in the past year, with the average house price at £107,152 compared with £102,808 in April this year and £90,382 […]


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