In brief

The key objective for each interview was to see whether lenders and intermediaries provided the IDD and KFI documents as required. The regulator conducted mystery shopping through 82 mortgage interviews. In one-third of cases the firms did not provide one or both of the disclosure documents.

Ashley Law launches share option scheme

Ashley Law has launched a share option scheme to enable associate partners to become part of equity ownership.

The scheme continues the group’s expansion and aims to reward the loyalty of its associated partners. The share scheme is also available for new members.

ifs launches competence maintenance site

The Institute of Financial Services (ifs) has launched an online competence checklist in response to continued expansions of the FSA guidelines.

Able to evolve and react to sudden changes in policy, the system, implemented in partnership with Absolutely Training, can also be tailored to the needs of each adviser and will allow them to keep in touch with the changes that affect them.