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:
Doing things better »
At the end of last year the Financial Services Authority (FSA)
published their findings from a review of the supervision by retail
networks of their appointed representatives (AR's). A number of
areas were singled out with comments about the quality of desk
checking, of field visits to check compliance, and of reliance on
the use of computer systems ...
Job role and competency framework - helping you pursue professionalism »
Every organisation is different; so is every individual, but
there are standards of competence that are applied to us all in the
pursuit of maintaining high standards in the jobs that we do
...
Protecting the consumer »
The selling of Payment Protection Insurance (PPI), particularly
when sold to provide cover for mortgage payments, has become an
important product to both lenders and advisers for a number of
different reasons. There is the value of the product to the
customer ...
Viewpoint »
A member of the Society of Mortgage Professionals Advisory Board
gives their viewpoint ...
Mortgage Professionals Newsletter - issue 4 »
The Financial Services Scotland exhibition, which included
Mortgage Business Expo sponsored by the CML and AMI, was recently
held in Glasgow providing an opportunity for brokers to meet and
hear from both lenders and service product providers. A theatre
within the venue enabled the organisers to arrange for invited
speakers to address a variety of key and topical issues, the
lectures qualified for CII CPD credits ...