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Neville James launches interactive website

Market maker Neville James is a launching an interactive website which allows mortgage endowment customers and IFAs to submit policy valuation forms online. As well as giving instant quotations, the traded endowment website can accept offers online, print copies of the contract note and provide a detailed list of the policies on sale and their current status. It also has the ability to specify search criteria according to a policyholder’s specific requirements and can store the details for future reference.

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&#39Advisers rely too much on fund past performance&#39

IFAs rely too heavily on past performance when recommending investment products to clients, according to Ron Sandler. But his claim has been rejected by the industry and IFAs who say investment performance is too important to ignore when choosing a fund. In his consultation paper published this week, Sandler questions the importance of past performance […]

Skipton cleared by FOS

Skipton Building Society has been cleared of treating its Tessa and Isa customers unfairly by The Financial Ombudsman Service. Following months of speculation suggesting Skipton has not treated these customers well the ombudsman ruled the society’s products, taking into account interest rates and terms and conditions, were fair. Skipton’s loyalty Tessa allows access with no […]

Insurance premiums will continue upward growth

Insurance premiums will continue to rise over the next 12 months and possibly for the next three years according to two leading UK life offices.Both Royal & Sun Alliance and Norwich Union have predicted a rise in premiums, despite the fact some policyholders have seen rates rise 26 per cent during the past year.

Code trio setting up rival loan trade body

Three Mortgage Code Compliance Board directors are understood to be setting up a non-profit-making trade association for intermediaries to rival the proposed Nat-ional Association of Mortgage Brokers & Advisers. Exchange FS managing director Jim Gaskin, Allied Dunbar franchise develop-ment director Dave Seviour and Mortgageforce managing director Rob Clifford are believed to be drumming up support […]

Mark Page: why my biggest overweight stock is a discount Spanish retailer

Artemis European Opportunities Fund manager Mark Page is questioned about the merits of investing in Spanish supermarket group, Dia. Dia is a 7,000-store Spanish discount supermarket chain. But with cheaper food prices coming on to the market and an improving Spanish economy, journalist Alexis Xydias questions Mark about its inclusion in the Artemis European Opportunities […]

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