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Treves says he will not leave Equitable

Equitable Life chairman Vanni Treves says he has no plans to leave the society following the overwhelming backing of its compromise scheme by policyholders.

Speaking at a press conference to announce the results of the vote, Treves indicated that he would stay on as chairman but said it depended on the Equitable&#39s members, the board and, to a lesser extent, the media.

He said: “If you look at my track record, I am not known for having left any situation prematurely.”


Network aid to mortgage compliance

A new network for mortgage intermediaries which is des-igned to help them meet compliance standards and get ready for the FSA regulating mortgage advice is being set up by Network Data.Network Data, which is mainly a supplier of mortgage sourcing software, is intending to help brokers be prepared for the compliance standards which the FSA […]

Readers get a chance to grill Severn on 121

The head of the FSA&#39s polarisation review David Severn has agreed to answer questions emailed by Money Marketing readers on consultation paper 121.Given the length of the regulator&#39s consultation paper, many IFAs may not have time to study the report in detail.As such, we are providing our readers with this superb opportunity to put specific […]

Inside edge

The world is changing, like it or not. But there are some things thatwill not change.Independent advice will always be the best way for most people toarrange solutions to their financial planning and investment needs.The big question is how are independents going to persuade clients touse their services rather than the “free” service of a […]

Cat gets the bird for mortgages and Isas not as popular as Peps

Cat-standard mortgages have been voted a complete flop by IFAs in theState of the IFA Nation poll of Money Marketing readers.Ninety-two per cent of advisers said Cat-standard mortgages had not succeeded.Isas have also been given the thumbs down, with 72 per cent ofres-pondents saying Isas have not been as successful as Peps.IFAs are predicting a […]


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