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Date Subject View
17 December 2014 Email broadcasts to over 20,000 advisers! View email
16 December 2014 FSA's Sants resurfaces / Long-stop - Is 15yrs best? / Life Assurance cold call / CCL fees / MAS directory View email
15 December 2014 Good news re long-stop? / Networks & claw backs? / More fees = Less cases? / MAS to cut staff numbers? View email
15 December 2014 Does your GI provider have an award for Customer Excellence? View email
13 December 2014 Can you help with these difficult to place cases? View email
12 December 2014 FCA 'Unbelievable!' / Broker fees / Consumers don't trust 'expensive' IFAs? / FSCS £830k claims View email
10 December 2014 IFAs dropping clients? / Looking for staff? / FCA bonuses / Locum risks? View email

Latest news stories

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Mainly mortgage news…

Nottingham joins proc. fee end of year race


Nottingham Building Society will raise its proc. fees to 0.40% for buy-to-let and residential business from 6 January.

Reeds Rains tripped up over marketing letter lie to customers


National property lettings firm Reeds Rains has been caught out lying to its landlord customers about the existence of new rules to safeguard tenants from Legionella.

Accord raises proc. fees on residential range


Accord will increase its procuration fees on residential mortgages to 0.37% for Directly Authorised (DA) brokers and 0.4% for Appointed Representatives (AR) from 1 January.

LV= set for Teachers Assurance takeover


LV= has agreed to take over fellow Bournemouth-based friendly society Teachers Assurance from early 2016 for an undisclosed fee.

Nottingham raises January proc fees


The Nottingham will raise procuration fees to 0.40% from January 6 on residential and buy-to-let transactions.

Mainly IFA news…

Arch boss Farrell launches bid to overturn High Court defeat


Arch Financial Products chief executive Robin Farrell has kick-started a bid to overturn a High Court ruling which he claims will end his career, reputation and could leave him bankrupt.

LV= seals deal for Teachers Assurance


Provider LV= has agreed terms for a takeover of mutual insurance society Teachers Assurance's life, pensions and with-profits business.

Govt demands transparency around FCA enforcement action


The government has asked the Financial Conduct Authority (FCA) to be more transparent in its supervision and enforcement actions, in a review released yesterday.

Govt recovers £1.3bn of taxpayer cash used in Icesave bailout


The government has recovered a further £1.3bn from the Landsbanki estate in Iceland, which operated as Icesave in the UK, following its collapse at the height of the financial crisis.

Friday Papers: Aer Lingus rejects bid from IAG


And the North Sea oil industry is ‘close to collapse’ due to the plunging price of crude.

Mainly insurance news…

Flood Re: Band H homes to be included


Defra confirms that band H properties are to be included in government flood insurance scheme.

Axa adds two to senior management team


Insurer creates three new roles.

LV’s Bunker looks to 2015


Phil Bunker, managing director of LV Brokers talks us through his 2014 and looks to next year.

Ageas and Pen sign online deal for household insurance


Products from Ageas to be available via Gallagher-owned Pen’s e-trading division.

Bluefin buys Marchant McKechnie


The regional broker is Bluefin's fifth acquisition of the year.

Mainly international news…

HK firms must fix failures in sale practices: SFC


Corporations in Hong Kong must do more to fix deficiencies surrounding the sale of financial products, according to findings from the Securities and Futures Commission (SFC).

Rysaffe set to continue following Gov’t multiple trust U-turn


The Rysaffe principle still stands as the Government’s draft finance bill omits an expected crackdown on the use of multiple trusts.

Jailed IFA banned from industry


A financial adviser who was sentenced to four years imprisonment after he conned elderly clients out of £130,000 has been banned from the industry for life.

JPM AM acquires Aviva Investors Asia Pacific platform


JP Morgan Asset Management has acquired Aviva Investors’ Asia Pacific Real Estate vehicle.

Axa agrees sale of Romanian business


Axa has announced the sale of its life and savings insurance operations in Romania and its exit from the country’s market.

Welcome to cherry

Welcome to the largest ever community of IFAs, mortgage and insurance advisers.

As many of you will already know, cherry membership now  exceeds 20,000 and each adviser can visit cherry whenever they wish, every  day of the year. Needless to say, this is MASSIVE!!   Our site traffic and newsletter readership is immense and it means that,  for the first time ever, the adviser  community has a REAL voice.  We therefore  urge you all to join - and to encourage  others to do so as well - so that the strength of this 'One Voice' can continue  to grow. Cherry  Register here

Registering with cherry is fast, easy  and free.

To thrive, cherry relies on its  ability to generate sufficient supporting income. One key source is advertising  revenue derived from companies wishing to promote their products and services  to the adviser community. Because the  community is now so substantial, cherry advertising opportunities have become  very attractive.

cherry is proud to be an  entirely independent company and we always  retain our objectivity and impartiality by ensuring we never accept funding from providers or  companies who would expect favours in return.

We are also particularly proud of our consumer facing service and we promise to do our best to ensure that the financial advisers and mortgage advisers listed on the cherryfind site are those who  adhere to the highest standards of business ethics - those who aim to provide impartial financial and mortgage advice which is WHOLLY focused on their customers' needs.