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Namba offers free membership

Professional body, the National Association of Mortgage Brokers and Advisers, is offering intermediaries free membership until September 30 in a bid to boost its numbers.

Namba says it plans to introduce subscriptions in the future and hopes intermediaries will retain their membership when they recognise the value of being part of the organisation.

It aims to provide a representative voice for intermediaries and help them prepare for the changes regulation will bring about.


Outside Edge – Nick Bamford

Why would any member of the public want to buy a pension plan? Surely, only the most financially unaware consumer fails to realise that pension plans are expensive, poor performing, complicated and touted by the most hard-nosed of salespeople who are only interested in grabbing as much commission as they can.Oh yes, and then there […]

Pension credit warning as FSA points to savings alternatives

The FSA has warned that the Government&#39s pension credit is a disincentive to saving and has suggested that some people would be better off not saving for retirement through a pension.The Government is implementing the pension credit in April 2003 with the aim of rewarding savers for their thrift with the message: “It always pays […]

Technology on show

IFAs wanting to make technology work harder for them can catch up on the latest developments in software and e-commerce at the conference in Manchester next month.The first technology show exclusively aimed at financial advisers, brings together over 20 life offices and the principal technology suppliers.Microsoft UK industry manager for financial services David […]

&#39Public not aware of equity release pitfalls&#39

The FSA is warning that consumers do not understand the risks and complexities of equity-release products.In its report, the regulator says equity release could develop into a significant market but there are issues with both types of products in the sector – lifetime mortgages and reversions where providers take a stake in the property.The FSA […]


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