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Regulator checking mortgage disclosure

The FSA will conduct further investigations to ensure mortgage providers give relevant disclosure documents and has warned they could be accused of misselling if they fail to do so.

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The statutory funding objective will make or break db schemes says NAPF

The Pensions Regulators new statutory funding objective must be flexible and pragmatic enough to reflect the long term nature of pension scheme funding according to the National Association of Pension Funds .In its response to the Pensions Regulators consultation on scheme funding, the NAPF says the objective will be a major factor as to whether […]

Unconditional offer cuts Skandia rating

Standard & Poor’s has cut Skandia’s insurance rating from A to A- following the announcement that Old Mutual’s offer is now termed unconditional.

Phoenixes are still a burning issue

A former IFA who set up a claim management firm says the FSA is failing to spot phoenixing after he received a wave of endowment complaints against phoenix firms last year. DTB Investments managing director Derek Baillie says his firm’s experience suggests that phoenixing is much more widespread than thought. He says 90 per cent […]

Software firm offers custom Hips for IFAs

Software company Docucorp is introducing a software pro- duct which enables advisers to produce customised home information packs. It is providing a fully compliant template for estate agents, mortgage intermediaries and conveyancers. Docucorp says firms can use its system to design documents, compile data and choose how the Hip looks. Users can make changes to […]

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