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PIA revokes suspension of Blenheim Financial Services

The PIA has revoked the suspension of IFA Blenheim Financial Services of Bidmead, Cheltenham Road, Bisley, Stroud, Gloucestershire.

The firm had been forced to cease conducting investment business regulated by the PIA because it had failed to renew its PI cover as required. It has now done so and satisfied the regulator&#39s rules.

The PIA has suspended 16 firms for failing to renew their PI cover so far this year.


TMO leaves tracks

The Mortgage Operation has unveiled the freedom mortgage, a flexible base rate tracker that discounts the Bank of England base rate by 0.45 per cent in the first nine months. This gives a current payable rate of 4.55 per cent and after the discount period, it will track at 1.2 per cent above the base […]

Beware pitfalls of buy-to-let, survey shows

Buy-to-let purchasers should avoid buying a property that will need a lot of maintenance, according to a survey of existing buy-to-let customers by Birmingham Midshires.The survey showed that 43 per cent of respondents recommended making a thorough investigation of all aspects of letting before buying a property, 23 per cent recommended buying a property that […]

Waiver dual rule set to be dropped

The General Insurance Standards Council and Aifa are waiting for thego-ahead from the FSA to end dual regulation of IFAs selling waiver ofpremium on general insurance policies. Aifa has been in discussion with the GISC for months, arguing that IFAswho sell general insurance policies such as waiver of premium with life andpension products are sufficiently […]

Independent view

All change. Yet again, the industry is changing, and perhaps it alwayshas. However, today the pace of change seems even more rapid than it waswhen I first set out all those years ago. The change I refer to this time around is related to share of distributionand further consolidation of the financial services market. For […]

Generation Rent

By Denise Wond, marketing manager We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be. Homeownership is at its lowest point in 30 years, […]


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