Packager, All Types of Mortgages (AToM), will apply for direct FSA authorisation for both regulated mortgages and lifetime mortgages. Vic Jannels, managing director of AToM, said: ‘While there is a need to understand the implications of regulation, there is no need to enter into potentially extreme contracts at this stage. Organisations that take the route of appointed representatives will have a more informed choice of the principal organisations and their offerings next year.’