Professional Pointers January 2008 »
Regulatory news bulletin for January 2008.
Payment protection insurance »
Payment protection insurance
Payment protection and mortgage payment protection are short-term
general insurance products that are designed to provide a monthly
income to enable the insured to keep up loan repayments in the
event of inability to work because of accident, sickness or
unemployment. They are sometimes described as ASU policies.
Normally they are limited in time to the period of the loan or to
The benefits of financial advice »
The benefits of financial advice
Those who make their living as financial and mortgage advisers are
able to cite many examples from their own experience of how their
services have been of benefit to their clients. Similarly there can
be little doubt that many of their clients recognise the value of
the services available to them. This can be demonstrated by the
increasing use borrowers make of intermediaries to ensure the
financial choices they make are the most appropriate for their
purposes. It is not long ago that the intermediary sector was proud
to claim 60% of the business being channelled through their sector;
now the figure is nearer 80%!
Professional Pointers March 2007 »
Regulatory news bulletin from March 2007
Professional Pointers October 2006 »
A regulatory news bulletin for October 2006.
Market watch »
If we needed a single reason to justify the creation of the
Society of Mortgage Professionals, and with it a more professional
approach to mortgage advice, we could do a lot worse than look at
the October 2005 issue of the consumer magazine Which? Undercover
researchers travelled more than 1,500 miles around Britain to get
84 hours of mortgage advice. Posing as first-time buyers with no
knowledge of mortgages, they visited ...
Competency - Training & competency »
Competency - Training & Competency
The FSA Training & Competency requirements which apply to
all FSA regulated firms are set out in the T & C Sourcebook
The first part (TC1) refers to the commitments. These require
firms to ensure that:
SMP announces new 'Competent Supervision of Mortgage Advisers' course »
The Society of Mortgage Professionals is delighted to announce the launch of an intensive two-day training event that will provide mortgage 'Supervisors' with the essential skills to achieve compliance and a better experience for customers.