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Are you more likely to recommend a product if it is accredited with the ABI&#39s Raising Standards quality mark?

“No. Products have to be assessed on their own merits whether or not it carries such a mark.”

Paul Rayner,Rayner Woolner

“No, I&#39d look at each product and recommend it or not on its individual merits.”

Martin Sell,MR Sell Financial Services

“Yes. It shows companies have passed certain criteria and customers like kite marks as a standard measure.”

Paul Walters,Foley Financial Services

No. It smells a bit of superficiality at the moment. I would like to see it operate for a bit first.”

Dale Bennett,Delphi Insurance Services

“No. At this stage I don&#39t really know what the criteria is to accredit products so until I do I am unlikely to recommend them. ”

Michael Curran,MJ Curran & Co

“I would think it would make sense to recommend those kind of products.”

Kenneth Birnie,Birnie Brown Boyer & Co

“While I think it will have an impact in terms of giving an indication to consumers of certain standards, it would depend on what the client was looking for and their risk profile.”

Philip Boon,Beechwood Financial Services

“Yes. It&#39s a form of Cat standard really isn&#39t it?I would prefer to recommend a pre-checked product.

Brian Page, Dennehy Weller& Co

yes 44.5%

no 44.5%

don&#39t know11%


Network Data makes three top appointments

Independent mortgage and general insurance sourcing software provider Network Data is making three senior appointments this week.Peter Gladdy, Alex Cotton and Terry Young are joining to fill the respective positions of national sales manager, marketing manager and head of Mortgage Clearing Centre, Network Data&#39s service to intermediaries.Managing director Richard Griffiths says: “The track records of […]

LTC to be fully regulated by FSA

The Treasury has announced today long-term care insurance will be fully regulated by the FSA.Treasury Economic Secretary Ruth Kelly says it is important to give customers adequate protection at an early stage of the development of the LTC market. Kelly says: “By asking the FSA to regulate the sale and marketing of long-term care insurance, […]

Bankhall and DBS offer N2 support

Bankhall has developed an N2 package for directly PIAregulated members to ensure they meet the changed compliance requirements.It is also running 18 presentations around the UK until November 7, emphasising the importance of senior management responsibility, effective systems, controls and risk assessment, the implication of the new approved persons&#39 regime and the code of practice […]

Consumers turn to remote banking

The number of consumers using internet and telephone banking has risen to 13.5 million, according to BACS, the UK&#39s automated clearing house.The research shows 10 million consumers checked balances over the telephone and 3.5 million logged onto their accounts via the internet.BACS sector marketing manager Anthony Sherick says: “We are delighted with the speed that […]

UK gilts: Shaken and stirred

Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]


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