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Towergate plans to refinance debt

Towergate Finance has announced a £665m revenue-raising plan to help refinance the existing debt of parent company Towergate Partnership. The offer is for £365m senior secured notes due to pay out in 2017 and £300m senior notes due in 2018.



Home of Choice announces roadshow details

Home of Choice chief executive Gerry O’Brien has confirmed the details of the roadshows the network has arranged to clarify issues such as authorisation, delayed payments, pipeline business and information about the new owners


MM leader: FSA takes first step in tackling wayward banks

Not before time, the regulator claims it is getting tough with the big banks over their complaint-handling processes. Last week’s FSA review of the way some of the major banks deal with grievances uncovered worryingly low standards, from senior management down to branch staff. Of particular concern is the fact that incentive schemes within some […]


MMTV: ABI- our vision for simplified advice

Speaking at the Money Marketing RDR invitational in London ABI assistant director Peter Jolly gives his views on how simplified advice could work as part of the retail distribution review.

Dividing lines

An FSA mortgage arrears handling review has brought calls for a clearer division between lenders and third-party administrators. Paul Thomas reports


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