1,000 NU mortgage club members offered Compliance Shield

Trigold has been available to Norwich Union’s membership for three years and Mortgage Brain became available later, so Trigold’s take-up is commensurately larger, said John Whitehead, technical manager mortgage development at Norwich Union mortgage club “Compliance Shield has the unique capability of providing lasting, tangible benefits for directly authorised intermediaries for both the production of compliance documents and the proof of production in terms of monitoring and auditing,” said Whitehead. “The fact that the two systems are seamlessly integrated removes any additional burden from the intermediary and Norwich Union are pleased to be recommending the software.”

Trigold’s joint managing director Martin Colyer, said: “Norwich Union has the reputation as a market-leading provider of intermediary services. The 1,000 Norwich Union mortgage club members using Prospector Plus are already over half way towards satisfying the new FSA requirements.”

Whitehead added: “A number of our members have been asking for this for some time. No software will provide a total solution as the advisers are responsible for several other aspects of compliance, but it provides a tool which helps brokers comply in terms of record-keeping.”