Mortgage Industry News

Issue 004: July 2003

Top Stories

Lenders threatened by FSA regulatory expansion

Date: Fri, 04 Jul 03 Analysis
A new report has warned that many mortgage lenders and brokers will be forced out of the market when the Financial Services Authority assumes regulation of the industry next year.
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Life insurers face up to bill for mortgage endowment mis-selling

Date: Mon, 07 Jul 03 Analysis
LONDON, UK - The UK savings industry is facing up to the possibility of a multibillion-pound bill for mortgage endowment mis-selling, according to a leading life insurance analyst.
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Financial products still cause confusion

Date: Tue, 08 Jul 03 Analysis
Despite efforts from the government and industry to improve levels of financial literacy, most people are still bemused by mortgages, pensions and savings accounts.
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More in this issue

Goldfish to launch new life insurance product
UK firms using life assurance to replace pension guarantees
UK life insurance and pension sales suffer decline
FSA to shake up insurers' capital regime
Standard Life rejects ballot petition

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