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NU launches flexible mortgage protection products

Norwich Union is launching a flexible menu-based protection policy in response to increasing demand for protection from repayment mortgage borrowers.

According to the Council of Mortgage Lenders, around 68 per cent of new mortgages are on a repayment basis, which is fuelling protection demand.

NU&#39s Mortgage Life product will offer life insurance and critical illness plus sickness and disability cover.


CML anger at &#39absurd&#39 monitoring proposals

The Council of Mortgage Lenders has slammed the FSA for proposing “absurd” regulations forcing lenders to monitor the product information shown to borrowers.The CML, which recently sought clarification from the regulator over the matter, is angry that the FSA is pushing ahead with rules which it claims are impossible for lenders to enforce.The proposals, due […]

Who dares to claim may still not win

The recent furore over the claim for pension rights by the common-law widow of an SAS officer killed on duty masks a much wider issue of the definition of spouse or dependant used by occupational pension schemes and annuity providers. An understanding of this wider issue can help many clients, in particular those with preserved […]

Mortgageforce links with Norwich Union

Broker franchise operation Mortgageforce has appointed Norwich Union as a financial services provider. The deal will see Mortgageforce’s 43 franchisees offering NU’s non-regulated life products through branches around the country. Mortgageforce, which opened for business in February, hopes to have 80 franchisees by the end of the year.

Sony and yet so far

Not so long ago, anyone who suggested you buy a new PC from Sony would have got a very curious look from most people. Over the last couple of years, however, the people who gave the world the Walkman have moved increasingly into the mainstream of digital and communications technology. They have recently added some […]

European Opportunities: 'It’s nice when stock selection results in a macro tailwind'

Amid significant macro headwinds in August, Mark Page explains why his fund’s focus on stock selection has helped it outperform a falling market in August. BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy


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