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TMB rolls out processing service

The Mortgage Business is launching a new online mortgage processing service for intermediaries.

TMB Interactive is being rolled out to all intermediaries and packagers in May, giving them the facility to process mortgage applications entirely electronically.

It will speed up the mortgage process and give an instant online decision with an immediate agreement in principle for straightforward cases.

Key features of the system include flexible underwriting, quick offer turnarounds and the facility to track cases in real time.


CA says 2% cap would turn public away from pensions

Doubling the stakeholder charge cap to 2 per cent would exacerbate the pension crisis as people would turn to savings accounts rather than stakeholder pensions, according to research from the Consumers&#39 Association. The CA&#39s research – published a month before the Treasury announces its decision on whether it will vary the price cap – shows […]

&#39Get clarity from Customs now&#39

The management of the Whitechurch Network is urging advisers to push their networks to clarify with HM Customs and Excise immediately on whether they will have to pay Vat on member charges. Whitechurch Network managing director Ian McIver wants IFAs to make their networks aware of the potential threat of Vat on charges before their […]

Aifa wants FSA fee change

The FSA should levy regulatory fees on IFA firms depending on number of advisers rather than how much income is generated, says Aifa in its response to the consultation on fees.

Rice to run new Cazenove offshore Euro equity fund

Cazenove Fund Management is offering an offshore European equity fund managed by former HSBC Asset Management star Chris Rice. Cazenove restructured its pan-European team at the end of 2002 and swooped for five HSBC managers, including Rice and Tim Russell, who have worked together since 1998. Rice&#39s performance at HSBC saw its European growth fund […]


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