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Is the ABI&#39s Saltr initiative going to raise standards across the industry?

“I would like to think sobut I can&#39t see it is goingto make an enormous difference.”

Chris Howell, Seaway Insurance Consultants

“It is not going to work unless it has the support of the whole industry. It could cause confusion because there is a raft of these kitemarks around. Anything that improves consumer confidence is good but we are some way away from something the whole industry supports.”

Paul Duckworth, Paul Duckworth IFA

“Probably not. Things like that tend not to work.”

John Crayden, Fleet Mortgage Insurance & Financial Services

“Yes. Anything that improves our relationship with the public has got to be what needs to be done.”

Dion Penston, Ethical Investment Services

“No. It is going to be another raft of control which will only complicate things even more.”

Graham Fox, LPS Financial Services

“Possibly, if the right rules are put in place.”

Trevor Dunn, Lawford Lindley & Co

“It is a worthy attempt but it needs co-operation between the parties involved. I think it has a good chance of success.”

Jennifer Stollow, Gee & Company

“One would hope so. The industry still has a taint toit so anything that lifts standards has got to be good for the industry.”

Brian Collinson, C&J Independent Financial Advisers


Merrill Lynch get dynamic

Merrill Lynch Investment Managers has introduced the Merrill Lynch UK dynamic fund.The fund is a unit trust aimed at investors who are looking for a medium risk product that can be used as a core holding for their portfolio and which gives them exposure to the UK sector. UK dynamic is an onshore version of […]

Aberdeen Asset Management…

Aberdeen Asset Management has acquired EquitiLink Group for $80m. The Australia-based group manages five North American closed-end funds with total assets of $2.7bn investing mainly in Asian fixed-interest securities and equities. AAM already has an office in Singapore managing £1.7bn of Asian equities, which will now be more than doubled to £3.8bn. The total assets […]

Exclusive Connections launch Horizon mortgage

Mortgage packaging network Exclusive Connections is launching a flexible mortgage with a 1 per cent discount for six months from their Horizon Mortgage range. The mortgage facilitates under-payments, over-payments, payment holidays and cash draw-downs. Other benefits include capital raising up to 80 per cent LTV, debt/loan consolidation up to 95 per cent LTV, and no […]

Remortgage boom bucks trend as loans fallin autumn

Mortgage sales fell by £400m in September from the same month last year.Figures from the Council of Mortgage Lenders and the Department of Environment, Transport and the Regions reveal gross lending fell to £10bn from 10.4bn last year.Despite the general fall in lending, remortgages rocketed by £800m to £3.1bn from £2.3bn. House purchase loans fell […]


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