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Treasury sets date for home reversion regulation

The Government has today published the secondary legislation to bring home reversions and Islamic mortgages into regulation.

The changes will ensure that consumers of equity release products and Shari’a law-compliant home purchase plans will benefit from the protections afforded by Financial Services Authority regulation, and will take effect from 6 April 2007.

Economic Secretary Ed Balls says: “I’m delighted to announce changes which will offer valuable new protection for consumers wanting to release equity from their home and for people taking out Ijara home finance plans.”


Inherited failures

How a review of a new client’s pension drawdown case exposed fundamental mistakes in advice

Cirencester stays close to its roots in rebranding

Income protection specialist Cirencester Friendly Society is rebranding. The society, originally known as the Cirencester Conservative Association Working Men’s Benefit Society, was founded in 1890 to help safeguard the financial stability of agricultural workers in the Cotswolds. The new logo aims to stay true to this history while presenting a modern face as an income […]

Personal services

Standard Life marketing technical manager Andrew Tully examines if there is a role for IFAs to play in the proposed pension personal accounts


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