View more on these topics

OFT bans Scottish estate agent

The Office of Fair Trading has made a prohibition order against an estate agent in Scotland banning him from estate agency work.

It says that Roderick Yule, an estate agent from Fife, has committed offences involving fraud or other dishonesty as referred to in section 3(1)(a)(i) of the Estate Agents Act 1979.

OFT head of consumer protection Mike Haley says: “When choosing an agent, consumers need to know that they are honest and trustworthy and this case shows that the OFT will take action to prevent those that it considers unfit from continuing to work in the industry.”

Yule has until 19 May 2008 to appeal.


Broker Talkback

Is FSA chief executive Hector Sants right to suggest that the recent dual-pricing strategies of many lenders do not break TCF rules?

Dual thinking on wrong lines

The overriding compliance principle provided by the FSA for this year, as you will know, is treating customers fairly. We are all trying to apply the principle across our businesses and working to achieve the six outcomes.

C&G to increase rates by 0.25%

Cheltenham & Gloucester is to withdraw its entire range of mortgage products at end of play today, increasing rates by 0.25 per cent.

The future of active management is now

Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm