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PMI provider appoints new boss

PMI provider Healthcare 4 Life has announced the appointment of Wendy Young as its new chief executive.

Young has been with the company since March 2001, previously working as a consultant.

Healthcare 4 Life has also added two new benefits, home nursing care and parent accommodation, to its &#394 in 1&#39 group policy.


Exclusive Connections tracks base rate

Exclusive Connections has unveiled a five-year fixed rate tracker mortgage that is available for loans of up to 95 per cent of valuation.The mortgage is fixed at 5.99 per cent for the first five years and if borrowers pay the mortgage off during this period, must pay 7 per cent of the sum repaid in […]

No incentives will be needed with compulsion

I read with increasing amusement the claims that financial planning advice can be adequately paid for within a 1 per cent charge or that clients would willingly pay a fee for the same. I admit with great regret that I have not heeded well qualified professional advice after having paid substantially for a consultation, and […]

Ratings at risk as FSA blunders with letters

An FSA admin blunder is creating confusion for hundreds of firms over what risk rating they will receive once the new regulatory regime begins in December. Letters sent to IFA firms in July told them which of four categories of risk they will fall into. But problems began when some firms rec-eived a second letter […]

Teacher&#39s ties in fixed rate

Teacher&#39s Building Society has introduced a three-year fixed rate mortgage for loans of 95 per cent of valuation.The interest rate is fixed at 6.25 per cent until November 2, 2004 and borrowers who pay the mortgage off early face an extended redemption penalty for one year. This penalty is set on a sliding scale for […]


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