The service, free to all Moneyfacts and Business Moneyfacts subscribers, includes access to a panel of compliance experts. If advisers cannot find an answer to a query on the site or want advice, they can email the experts for free, who will give answers and suggestions based on their extensive compliance experience.
eMoneyfacts also contains a compliance centre for mortgages, whole of market mortgage sourcing for both residential and buy-to-let mortgages, ePages – constantly updated versions of Moneyfacts magazine pages, a mortgage hub, selections and more. eMoneyfacts has over 7,000 registered users.
The Compliance Centre provides clear assistance by:
- Explaining which FSA rules apply and how to comply.
- Explaining why these rules are in place and what they are trying to achieve.
- Offering a Gap Analysis tool that provides evidence of levels of competency and where gaps in knowledge appear. A unique test is provided each time from a bank of 1,600 questions and is automatically marked.
- Providing the latest insurance compliance news to keep brokers on top of what is happening in the world of insurance regulation.
Emma Butler, editor of eMoneyfacts, said: “Brokers have many challenges being thrown at them from the world of regulation. I am pleased that eMoneyfacts can help by offering some practical and valuable help. The Insurance Compliance Centre is yet another addition to eMoneyfacts concreting Moneyfacts’ commitment to continual development and providing a first class service to its users.”
