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National set to expand

Non-standard correspondent lender National Guarantee has appointed Frank Eve Consulting to review its business and marketing strategy to help take its expansion plans forward.

The Birmingham-based lender says it wants to develop its share of the correspondent lending market using the consultancy&#39s knowledge of the industry.

It is trying to increase its share of the broker and IFA distribution channel and recently launched a preferred intermediary scheme offering a range of training and business services.

National Guarantee managing director Keith Robinson says: “Frank&#39s consultancy has the wealth of mortgage industry experience we were looking for. We needed a company that could demonstrate an understanding of the mortgage market to help us prepare for what we believe will be a rapid expansion.”

Frank Eve says: “The possibility of legislation has prompted many companies to review business strategies. Organisations such as National Guarantee recognise that by using an industry specialist like us they can gain a competitive advantage.”


Rooker says sorry to Treasury

Former pensions minister Lord Rooker has apologised to the Treasury after he accused it of being “penny pinchers” and wrecking every good idea he has seen during his five years as a minister.He has since been told to apologise by Home Secretary David Blunkett, which he did in a letter to the Chancellor.In a debate […]

Mushens to leave M&G

M&G director of sales and marketing opportunities Jeffrey Mushens has left the company after 15 years to explore new horizons. Mushens, who intends to take the next few months off, will not be replaced by M&G. As a result UK retail chief executive Gary Shaughnessy assumes responsibility for governmental and regulatory issues, while managing director […]

Scottish Widows Bank Revision Round-up

The amount of study time that should be allowed for depends on the individual but as a guide the Institute of Financial Services suggests spending 50-60 hours studying. However, each student should decide for themselves how much study time, including revision, they actually require. A study period of about 8-10 weeks is sufficient for most […]

APMM elects new chairman

The Association of Policy Market Makers has appointed Brian Goldstein as its chairman to succeed Paul Sands. Goldstein is managing director of Tep market making company Policy Portfolio. The APMM has also elected 1st Policy Company managing director as vice chairman, Policy Plus sales and marketing director David Carrington as honororary secretary and John Heller […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]


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