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New changes to insolvency

New insolvency rules came into effect this week which make it easier for companies to go into insolvency. The Enterprise Act&#39s insolvency section now lets company directors put their firms into administration without entering the court system. It also sets more rigid limitations on how much time companies are able to spend in administration. Additionally, the UK tax authority will have to step in line with other creditors as it is no longer automatically first in line for repayment.

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Hurst sets up PR firm for the mortgage market

Former Future Mortgages communications manager Richard Hurst is setting up on his own to offer PR and communications support.He is aiming his services at the newer or medium-sized players in the mortgage market. He intends to work on a contract basis and promises to raise his clients&#39 profile significantly.Hurst will advise on all aspects of […]

FSA launches roadshows for mortgage and general insurance

The FSA is running a series of roadshows for general insurance and mortgage intermediaries. The FSA intends the series of half-day regional seminars to explain prudential requirements for the new regulatory framework, how the appointed representatives regime will be extended, and its consultation on the future reporting requirements. The roadshows take place on 1st October […]

Put your clients first to succeed

I can&#39t help despairing over product providers, networks, and some IFAs as to whether they will ever learn the most important lesson of running a business – look after your clients and they will look after you.IFAs are continually criticised for poor advice but I suspect that this normally only tends to happen when the […]

Regulation biggest issue says CII poll

Regulation is the most urgent issue facing the UK insurance industry as a whole according to an online poll carried out at the Chartered Insurance Institute conference currently being held in London. The poll of its members showed regulation was of most concern at 23 per cent, followed by the compensation culture at 12.3 per […]

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