MLM Solutions Blog

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Rent Arrears are a New Year hangover

There has been  a sharp rise in the number of people who have been unable to make their  rent payments and have fallen into arrears according to the Money Advice Trust.  The charity describes rent arrears as "the fastest growing debt problem in the UK".  It reports the number  of calls to its helpline  related to rent arrears has been rising since the recession took hold in 2007.  In the fiirst10  months of  2013 there were 20,000 calls which is significantly higher than the 8,000 received over the same time period in 2007.

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A Landmark Moment For The Financial Services Industry - by Frank Cozzo

The implementation of the Retail Distribution Review (RDR) is now only weeks away coming in to effect on 31 December 2012. This will be a landmark moment for the financial services industry and without doubt the most comprehensive reform of the financial services industry in decades. Why Is This Important For investors? Currently adviser firms giving advice on investment products can earn different levels of commission from this advice depending on product and provider recommended. Under RDR rules the FSA wants to ensure that there is no inappropriate bias toward a particular product or particular provider and to ensure that advisers are not incentivised e.g. through higher commissions, to recommend a particular product ahead of another more suitable or equally suitable investment product.

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