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TMO in enhanced commission deal

Broker network The Mortgage Operation is introducing a direct-to-lender-panel service which enables intermediaries to earn enhanced commission payments


The facility allows brokers to submit mortgage applications direct to any

lender on TMO&#39s panel and receive extra commission if they identify

themselves as a network member. Participating lenders on the panel include

Halifax, NatWest, Nationwide and Royal Bank of Scotland.


Global Investment Advisors – GAIM Hedge Fund

Thursday, 30 August 2001.Type: Tracker hedge fund.Aim: Growth by investing in up to 20 hedge funds in four main startegies – macro, market neutral, long short equities and event driven. Minimum investment: US$10,000, Euros 10,000.Place of registration: Dublin.Investment split: Macro 25 per cent, market neutral 25 per cent, long short equities 25 per cent, event […]

Small IFAs could face paying bill for review over Serps

Big IFAs are likely to opt out of the PIA&#39s proposed scheme forrecalculating phase two transfer cases under the pension review, leavingsmall firms to foot the bill. Companies such as RJ Temple are not affected by the PIA&#39s decision tore-open cases to calculate the Serps adjustment bec-ause they did littlepension business and they are unlikely […]

Life offices calling on Sandler to investigate overlaps in regulation

Overlapping regulation by the Treasury and FSA has the potential to stiflethe financial services industry and must be included in Ron Sandler&#39sreview, says the head of assurance at the ABI. Francis McGee says Sandler has been presented with a golden opportunity totake a look at the role played by the FSA and the Treasury in […]

Investment fund sales boost for New Star

New Star Asset Management took more than 10 per cent of gross retailinvestment fund sales last month following the launch of its UK andEuropean growth funds on July 2. The two funds raised a total of£243.5m in retail sales during the month, accounting for 10.7 per centof the £2.28bn of all unit trust and Oeic […]


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