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Spittles appointed to ABI medical committee

The ABI has appointed Royal Sun Alliance chief underwriter Graham Spittles as chairman of its life assurance and medical affairs committee. Spittles has been R&SA’s chief underwriter for seven years. As chairman of the committee he will be looking at medical and other risk assessment issues in life and health products. Spittles is already a member of the ABI’s genetics committee.


Melton Mowbray five-year fixed

Melton Mowbray five-year fixed Fixed term: 5 yearsFixed rate: 6.09% Minimum loan: £25,000Maximum loan: £500,000 to maximum 95% LTVIncome multiples: 3 x single, 2.5 x jointArrangement fee: £295Redemption fee: 6 month’s interest during fixed periodConditions: Refund of basic valuation feeIntroducer&#39s fee: £200Tel: 0797 120 9490

Wishful thinking by stakeholders

Almost two-thirds of stakeholder policyholders intend to retire by 60 but are failing to pump enough money into their pensions to enable them to do so, claims Norwich Union.The insurer&#39s survey of its individual policyholders found that 60 per cent plan to quit work five years before the state retirement age but are not contributing […]

Solent and TMB link up on 100% loan at 5.84%

Correspondent lender and packager Solent Mortgage Services has linked up with specialist lender The Mortgage Business to offer a new 100 per cent mortgage.The mortgage is funded by TMB and distributed through Solent. It is available on loans between £35,000 and £100,000, on income multiples of up to three times single salary and 2.5 times […]


Will the FSAs extension of its deadline for responses to CP121 make you more likely to respond to the paper?“No, I am over 60 and coming to the end of my career in this business. All I want to do is get on with my job.”Paul Butler,Mr Paul Butler“No, I am not sure I will. […]


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