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PIA suspends two IFA firms

The PIA has suspended IFA Vital Financial Services of PO Box 4012, Byron House, 10-12 Kennedy Street, Manchester from soliciting or conducting investment business because it is unable to meet the regulator&#39s financial services requirements.

G.T. Mortgage Services of Sinfin District Centre, Arleston Lane, Sinfin, Derby has also been suspended by the PIA because it has also in breach of the financial resources requirements.

The firm has been unable or unwilling to pay the £500 case fee required by the Financial Services Ombudsman to investigate a complaint and not maintained its PI cover.



LM Financial pursues Bermudan dream

IFA firm LM Financial are pursuing a Bermudan dream as part of funding drive to raise capital for a Brit flick which it hopes will deliver clients onshore tax-breaks . LM marketing manager Tony Wright-Jones is flying out to the island paradise following a shortage in supply of suitable British film projects which qualify as […]

Age Concern publishes guide to raising cash on home

Age Concern is publishing a guide to show how older homeowners can raise cash from the value of their property.The guide, Using your Home as Capital, reviews the financial products older people can use to convert the value of their home into a lump sum or regular income.Age Concern England director general Gordon Lishman says: […]

Exclusive Connections moves beyond 100 per cent

Exclusive Connections has unveiled a flexible 100 per cent mortgage that has a 1 per cent discount for the first two years.The mortgage has a current payable rate of 6 per cent and allows borrowers to overpay, underpay and take payment holidays. But they cannot make lump sum withdrawals. Interest is calculated monthly and Exclusive […]

Birmingham Midshires Commercial appoints regional development manager

Birmingham Midshires Commercial is appointing Paul Gorman as regional development manager for the North-east, represent the lenders business-to-business arm. Gorman has 15 years experience in commercial banking, most recently with Girobank.Gorman says: “It is a key part of the strategy for Birmingham Midshires Commercial to have a strong regional presence. Clients can be confident that […]


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