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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 the design, create new packs, provide multi-branded ser-vices and see a mock-up of their changes through a secure online interface.

Docucorp believes that Hips, which are scheduled to be introduced in June 2007, will dramatically change the homebuying process.

It says its system will allow firms to implement software in house, with the option to outsource either the manu- facturing or printing procedure or the whole produc- tion process.

Managing director Tracey Robinson says: “There are around two million properties for sale in the UK every year, which will all require a Hip at a cost of around 800-1,000 a pack. This equates to a potential 2bn marketplace. The June 2007 date has galvanised the industry. Many companies that we are talking to have already started their Hip projects for the dry run which starts this summer.”


Independent board to hold sway

The NPSS should be governed by an independent board with the statutory duty to look after investor interests and publish an annual Parliamentary report, the Investment Management Association has told MPs. In a briefing paper to MPs, the IMA says it is not lobbying for the introduction of the scheme but, if it is implemen-ted, […]

FSA to streamline anti-money laundering rules

The FSA is planning to streamline its anti-money laundering requirements as it simplifies the FSA Handbook in March.It will remove the detailed rules on anti-money laundering controls in their entirety, replacing them with high level requirements for firms to put their own risk-based controls in place. The initiative hopes firms will target resources on activities […]

Unconditional offer cuts Skandia rating

Standard & Poors has cut Skandias insurance rating from A to A- following the announcement that Old Mutuals offer is now termed unconditional.


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