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Mortgages face different regime – Wilson

Mortgages will be regulated in a different way to life and pension products the FSA&#39s director of High Street firms Sarah Wilson has told the Building Societies Association conference in Bournemouth.

Wilson also warned that the number of intermediaries would fall as some either fail to meet the required standard under new regime while others simply do not bother to apply.

She said plans to include comparitive tables for mortgages were on course for later in the year. A prototype of the tables has been revealed at the conference.

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