View more on these topics

Woolwich blames four firms for its email error

Woolwich has been hitting mortgage intermediaries and networks with an email that has been sent up to 3,500 times.

The firm says the flood of emails was the result of four addresses that were bouncing the emails back to the entire mailing list. The Woolwich says the problem was solved on Saturday morning.

Whitechurch managing director Ian McIver says he has been bombarded with the same email for a week. He says: “When I called the Woolwich, they washed their hands of the whole problem. It makes me wonder how the rest of their system is being affected.”

Woolwich press officer Emma Keen says: “We are very sorry it has inconvenienced anyone. We have narrowed the problem down to four firms and are liasing with them. Any company which is using email needs to make updates in accordance with Microsoft guidelines.”

Recommended

F&C plans to merge funds

F&C is to merge its range of open-ended onshore funds, with 53 funds being converted into 47, subject to fundholder approval. F&C intends to register the entire range of Oeics under Ucits 3, enabling the funds to be marketed across Europe.

Brothers in alms

The Smiths are keen to implement a savings strategy for their two children – James, who is seven, and new arrival Matthew.The grandparents have said they will help but the Smiths are confused. What should they be advised?

ABI wants to axe indemnity commission

ABI proposals for indemnity commission to be scrappedhave been attacked by Aifa as being a knee-jerk reaction to the Treasury select committee’s criticism of commission. Research carried out for the ABI by Charles River Associates calls for the abolition of indemnity commission, production of annual commission statements for consumers and an equalisation of commission levels […]

The Merchants Trust PLC – April 2017

Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment