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Up the pole

At last week&#39s Mortgage Expo, one bright spark hit on a great wheeze for grabbing brokers&#39 attention.

Majestic Mortgages&#39 stand featured a pole-dancing act while attractions from other exhibitors included bunny girls and other scantily clad young women.

This comes on the eve of regulation by the FSA and at a time when self-cert concerns have caught the attention of the BBC and national newspapers.

Money Marketing has several questions not just for those exhibitors but also for the show&#39s organisers. How do you think this looks from the viewpoint of the FSA and the national media? Do you think there might be a risk of offending women and perhaps putting them off joining the industry or even dealing with you at all? And finally, when are you going to grow up?


Corporate focus for cash bond

Prudential International Assurance is offering an offshore cash portfolio bond. The Prudence portfolio bond capital-redemption option, which has no entry or exit fees, is a single-premium unit-linked contract with no life assured and a fixed term of 99 years. Investment relationship manager Richard Leeson says it is aimed at low-risk high-net-worth clients aged 50-plus, trustees […]

Norwich Union pulls long term care bond

Norwich Union has announced it is pulling its Flexible Protection Bond product and leaving the pre-funded long term care bond market. However, it will still offer a pre-funded insurance product.Effective from November 24, NU says there will be no impact on existing customers from the change. Applications for the product received prior to close of […]

Is wrap the killer app that will finish off IFAs?

Paul Bradshaw makes a powerful case for the revolutionary impact of wrap services but he appears to stop short of the inevitable conclusions resulting from his own analysis. From time to time, every industry experiences points of singularity when the old order is destroyed and a new order emerges, fundamentally different and often spawning new […]

Maltby takes over from Heron as Imla chairman

Kensington Group chief executive John Maltby is to take over from Paragon Mortgages managing director John Heron as chairman of the Intermediary Mortgages Lenders&#39 Association. Maltby will take over from Heron on January 1, 2004. The new management committee will comprise Allied Irish Bank head of home mortgages Iain Crump and Heron and Mortgage Express […]


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