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Skipton cleared by FOS

Skipton Building Society has been cleared of treating its Tessa and Isa customers unfairly by The Financial Ombudsman Service.

Following months of speculation suggesting Skipton has not treated these customers well the ombudsman ruled the society’s products, taking into account interest rates and terms and conditions, were fair.

Skipton’s loyalty Tessa allows access with no notice and no transfer charge and its mini cash Isa has a 30 day notice period for withdrawals and a £30 transfer fee.


Saga searches for IFAs to boost advice business

Saga Services is recruiting IFAs in a bid to become a major player in financial advice to its customer base of people over 50. The financial services, holidays and publishing company which targets the growing and increasingly wealthy grey market in the UK is looking for FPC3-qualified IFAs to work from home on a salaried […]

Online quotes and solicitor instruction from LMS

Online conveyancer Legal Marketing Services has created a page on its website dedicated to helping mortgage brokers with the legal aspects of buying and selling property. Mortgage intermediaries registered with can now obtain quotations, including fees and disbursements, as well as instruct solicitors and monitor the progress of a case using LMS’ online tracker.

Saltr charges may be cut to attract smaller brands

The Pensions Protection Inv-estments Accreditation Board says it is considering introducing a lower charging bracket for Saltr accreditation in a bid to ensure that smaller brands chase the quality mark. The PPIAB, the independent body responsible for awarding life offices the Raising Standards quality mark, says it is considering lowering the bar on charges to […]

Swip move headquarters

Scottish Widows Investment Partnership is relocating its find management function to new head quarters.Swip says the move puts the finishing touches to its year long programme of enhancing and rebuilding its fund management business which include creating an environment to encourage and stimulate its partnership with Scottish Widows Group.


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