The Association of Mortgage Intermediaries is launching a guide to help intermediaries with lead generation.The move follows concerns from AMI members about the increase in the number of lead-generation firms which often do not deliver what they promise or deliver below their original sales pitch. The AMI says there have been some cases of members paying for leads up front and then never hearing from the lead generator again. The guide covers business development, questions to ask a lead-generation company and what type of firms to be wary of. It includes FSA principles and how they cover lead generation, types of activity to be wary of and issues to consider when choosing a firm. The guide stresses the importance of record-keeping and conducting regular reviews of requirements. AMI director Chris Cummings says: “Anyone reading the media might think buying in leads was a very suspect business. Under the right circumstances, lead-buying can, in fact, be an extremely valuable business tool. Our new guide has been produced to help mortgage intermed- iaries generate their own leads, buy in leads and find the right business partner to deal with.” A2B Mortgage Company mortgage adviser Steve Brockman says: “Anything that can help firms from getting stitched up by these sorts of companies has to be a good thing.”
Smith & Williamson has established a venture capital trust portfolio service for the IFA market.
Abbey is introducing its new mortgage range to be available from April 20 2005.Highlights include a 2 year fixed rate mortgage from 5.14 per cent and 5 year fixed rate mortgage from 5.24 per cent. The range is also open to intermediaries.For customers applying for a mortgage directly via a branch or by telephone, arrangement […]
Pensioners risk their income being eroded if they do not take steps to guard against inflation.
Insured pension funds will no longer be taxed on dividend income from US equity holdings after the Inland Revenue struck a deal with the US authorities.
By Mark Martin, Head of UK Equities at Neptune Investment Management Recent UK GDP figures indicated that the economy is in good health, with a 0.5% rise in GDP in the final quarter of 2015. Whilst the GDP growth rate fell from 2.9% in 2014 to 2.2% in 2015 as a whole, this expansion – […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]