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Origo launches online registration service

Origo is launching an online agency registration service to allow directly authorised adviser firms to set up trading relationships with numerous product providers using one electronic application.

E-commerce standards body Origo says the Adviserwise Agency Registration Service aims to replace the existing paper-based agency registration process, whereby separate agency registrations are required for every product provider an adviser conducts business with.

The service is being offered free from the Adviserwise website, which was launched in April last year by Origo’s 14 sponsors, including Abbey, Aegon Scottish Equitable, Friends Provident, Scottish Life, Skandia and Unum.

Origo managing director Paul Pettitt says: “The benefits of this service will help turn a frustrating process into one that saves Advisers time and hassle and ensures product providers receive valid and consistent applications. I anticipate it will quickly become the industry standard and preferred method for directly authorised adviser firms to submit agency registration applications.”


Precipice alert over new plans

Product providers and advisers have urged caution over a new generation of precipice bonds, warning that investors must fully understand that capital is at risk to ensure the disasters of the past are not repeated.A spate of new launches offer higher headline rate returns in the market but are not 100 per cent capital-protected.Blue Sky […]

Keith Gilmour is new marketing director at PosSol

Positive Solutions has appointed Keith Gilmour as marketing director.Gilmour was at Clerical Medical for seven years, where he was most recently head of distribution and a member of HBOS Financial Services management board. He has 18 years’ experience in the industry, including various sales, marketing and product development roles across life companies, including Skandia and […]

Savills branching out with plans to build income by 70%

Savills Private Finance has opened offices in Newcastle and Exeter and plans to increase its income by around 70 per cent over the next three years.The broking firm now has 24 offices across the country employing 127 consultants. Income was £30m last year and it expects this to grow to £50m in the next three […]

Gross mortgages lowest for two years

Gross mortgage lending in December was at its lowest monthly figure for over two years, falling by 25 per cent from November’s figure. The Council of Mortgage Lenders estimates December’s gross lending at 22.6bn, the lowest monthly figure since May 2005.


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