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Pinnacle thumbs up for MPPI

Payment protection insurer Pinnacle says homeowners who re-mortgage should buy a mortgage payment protection insurance policy to safeguard the financial benefits of moving to a new lender.

Pinnacle argues that the advantages of better terms and lower costs make little difference if sickness, accident or unemployment stop homeowners making mortgage repayments.

Pinnacle director of new products Tom Claytor says: “It&#39s certainly a buyers market at present with real and substantial savings to be made by borrowers who search out the best available deal for themselves. Pinnacle&#39s call for homeowners to secure the benefits of their re-mortgage follows news that remortgaging rose to its highest ever level in the second half of December 2000.”


Don&#39t be caught offside in stakeholder game

“Some people say football is a matter of life or death. That is ridiculous. It is much more important than that.” Famously spoken in 1969 by Bill Shankly, the legendary Liverpool football manager, the same phrase might be equally appropriate in the context of stakeholder pensions. Few commentators (apologies for the early footballing pun but […]

Mass protest is needed in Black day for IFAs

If the photograph on the front of Money Marketing of August 18 did notincense every IFA in the land it jolly well ought to have done. How Douglas Black could appear with his smug mug on the front pagegleefully announcing Towry Law&#39s plans for 1.000 IFAs must represent thebiggest cheek of all time. If you […]

PIA throws out IFA who forged signature

The PIA has terminated the individual registration of Christopher DavidCundell, a director with IFA Wilman & Lodge Financial Services of 12 OtleyStreet, Skipton, North Yorkshire. The regulator says Cundell forged the signature of a client on a documenthe submitted to the PIA ombudsman. He did so without the client&#39s knowledgeand with the ultimate objective of […]

FSA renews high-income warning

The FSA has issued a new warning that consumers should be aware of the level of risk in high-income products. It says investors must understand that if the associated stockmarket index falls significantly, they can lose some or all of their capital. Providers currently offering such products include GE Life, EuroLife, Inora Life, NDF Administration […]

The changing world of professional connections

The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]


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